Gold (XAU/USD) & Silver Price Forecast: Warsh at Jackson Hole Looms as Fed Inflation Warnings Grow
Investors are focused on Jackson Hole and on whether persistent inflation could warrant another rate hike. The article says the July PCE price index rose 3.7% from a year earlier, and notes comments from Beth Hammack and Jeffrey Schmid that inflation is still too high and policy may still be too accommodating. In futures markets, the article says investors see a 33% chance of a September Fed funds rate hike, with higher odds of at least one increase by year end. In that context, gold and silver are described as highly sensitive to Chairman Warsh’s speech because a more hawkish Fed would raise the opportunity cost of holding precious metals.
Source: fxempire.com
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FX Empire
Gold (XAU/USD) & Silver Price Forecast: Warsh at Jackson Hole Looms as Fed Inflation Warnings Grow
Gold and silver await Kevin Warsh’s Jackson Hole speech as Fed inflation warnings intensify, with XAU/USD testing key $4,575 support.
August 28, 2026
