Gold pulls back ahead of the Fed decision: December contract holds above US$4,070 per ounce

FinanceInternationalPortafolioOct 28, 2026, 9:02 AM30 s readAI summary

Gold prices posted a slight decline on Wednesday as investors await the Federal Reserve's rate decision. December futures traded at US$4,071.02 per troy ounce, down 0.09% from the previous close, after a recovery of nearly 1% on Tuesday. The session ranged between a low of US$4,041.10 and a high of US$4,084.10. The metal's performance came alongside moves in the dollar and oil, amid expectations about inflation and monetary policy.

In 30 seconds

December gold futures traded at US$4,071.02 per ounce, down 0.09% from the previous close.
The contract moved between US$4,041.10 and US$4,084.10 during Wednesday's session.
The market awaits the Fed's rate decision and its signals on inflation and monetary policy.

Read the full story at Portafolio

IASummary generated by artificial intelligence from a story by Portafolio. It may contain errors: the original source prevails.

oro
Fed
tasas de interés
dólar
materias primas

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Gold pulls back ahead of the Fed decision: December contract holds above US$4,070 per ounce

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

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