The spot gold price has fallen below the $4,490/oz mark, with an intraday drop of 2.55%. Recently, the precious metals market has been experiencing noticeable volatility. This pullback in gold prices is related to multiple factors, such as changes in market expectations regarding the Federal Reserve's monetary policy, the short-term strengthening of the US dollar index, and a temporary decline in risk aversion. Market participants are generally focused on the upcoming interest rate decisions fr

The spot gold price has fallen below the $4,490/oz mark, with an intraday drop of 2.55%. Recently, the precious metals market has been experiencing noticeable volatility. This pullback in gold prices is related to multiple factors, such as changes in market expectations regarding the Federal Reserve's monetary policy, the short-term strengthening of the US dollar index, and a temporary decline in risk aversion. Market participants are generally focused on the upcoming interest rate decisions fr

智通财经2026/08/28 16:31

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Spot gold price fell below the $4,490 per ounce mark, with an intraday decline of 2.55%. Recently, the precious metals market has experienced significant volatility. This round of gold price retracement is linked to several factors, including changes in expectations regarding the Federal Reserve's monetary policy outlook, the short-term strengthening of the U.S. dollar index, and a temporary easing of risk aversion sentiment. Market investors are generally watching for the upcoming Federal Reserve interest rate decision and the further disclosure of global macroeconomic data to judge the future direction of gold prices.

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On Tuesday, following Federal Reserve Governor Waller’s call to consider a 50 basis point rate hike at the December meeting, this year’s FOMC rotating voting member Lorie Logan reiterated a hawkish stance, stating, "Given the current economic outlook, I believe at least two more rate hikes of 25 basis points each are needed. The pace of rate hikes this winter may be faster than what we have seen so far this autumn." On Tuesday, the two-year US Treasury yield jumped 19 basis points in a single day, reaching 4.74%.

华尔街见闻•2026/11/10 19:52