{
  "id": 3562624,
  "title": "Gold price retreats from three-month high as inflation US gauge runs warm",
  "url": "https://urgent.news/2026/08/26/gold-price-retreats-from-three-month-high-as-inflation-us-gauge-runs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T18:25:45.000Z",
  "source": {
    "name": "Mining.com",
    "slug": "mining-com",
    "url": "https://www.mining.com/gold-price-retreats-from-three-month-high-as-inflation-us-gauge-runs-warm/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Gold prices retreated from a three-month high on Wednesday after a hotter-than-expected US inflation reading, with traders reacting to Federal Reserve Chairman Kevin Warsh's first Jackson Hole address. Comex gold for December delivery fell 1% to $4,649.10 an ounce, retreating from an overnight high of $4,730.90, while spot gold declined 1.4% to $4,592.53. Silver prices also slipped, falling 1.1% to $67.96 an ounce and 0.8% to $68.03. The retreat was amplified by the US inflation gauge, which showed headline PCE rising 3.7% from a year earlier, surpassing forecasts. Analysts cautioned that the rally may be premature due to persistent inflation risks and higher borrowing costs, which are typically headwinds for non-yielding assets like gold.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Gold tumbles as high US inflation supports Fed hawkish bets",
        "url": "https://urgent.news/2026/08/26/gold-tumbles-as-high-us-inflation-supports-fed-hawkish-bets",
        "published": "2026-08-26T18:09:42.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}