Gold Price Forecast: XAU/USD corrects to near $4,620 in countdown to US PCE Inflation data

Gold Price Forecast: XAU/USD corrects to near $4,620 in countdown to US PCE Inflation data

Source: EODHD - https://www.fxstreet.com/news/gold-price-forecast-xau-usd-corrects-to-near-4-620-in-countdown-to-us-pce-inflation-data-202608261012
Published: Aug 26, 2026 6:12 AM

Gold price (XAU/USD) is down 0.75% to near $4,620 during the European trading session on Wednesday.

Market context: This update is relevant to gold traders, with XAUUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.