Gold Price Forecast: XAU/USD hits lows sub-$4,600 as US inflation supports the Greenback

Gold Price Forecast: XAU/USD hits lows sub-$4,600 as US inflation supports the Greenback

Source: EODHD - https://www.fxstreet.com/news/gold-price-forecast-xau-usd-hits-lows-sub-4-600-as-us-inflation-supports-the-greenback-202608270936
Published: Aug 27, 2026 5:36 AM

Gold (XAU/USD) is giving away the mild recovery seen during Thursday’s Asian session and pulls back below $4,600 during the European morning, as the US Dollar Index (DXY) consolidates above 99.00.

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.