Gold falls 0.7% to $4,038.49 after Fed decision, with markets awaiting PCE data

FinanceInternationalRevista ADVFNOct 29, 2026, 6:39 AM35 s readAI summary

Spot gold fell 0.7% to $4,038.49 an ounce and US futures slipped 0.1% to $4,049.72, after the Federal Reserve kept its interest rate unchanged in a 10-2 vote. Investors awaited the September PCE index to assess the possibility of another rate increase before the end of the year. Silver, platinum and palladium also posted losses, while the dollar index rose to 102.20 points.

In 35 seconds

Spot gold fell 0.7% to $4,038.49 an ounce and futures shed 0.1% to $4,049.72.
The Fed kept its benchmark rate unchanged in a 10-2 vote and gave few signals on its next moves.
The market awaited the September PCE index to gauge the possibility of another rate hike before year-end.

Read the full story at Revista ADVFN

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

oro
Reserva Federal
inflación
metales preciosos
dólar

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Gold falls 0.7% to $4,038.49 after Fed decision, with markets awaiting PCE data

In 35 seconds

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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

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day