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Gold Hits Over 3-Month High on August 24 as Dollar Weakens

2026-08-24 02:23:47

According to Jin10, gold prices hit their highest level in over three months on August 24, supported by dollar weakness. Markets are focused on the U.S. July PCE price index and Federal Reserve Chair Powell's speech at the Jackson Hole symposium later this week, which could provide new clues about interest rate prospects.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Federal Reserve Chair Warsh's Jackson Hole Speech Scheduled for August 28 as Treasury Yields Hit 5.2% Multi-Year High

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