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Spot gold fell 0.6% to about $4,429 an ounce after US April PCE inflation rose 3.8% year on year, in line with expectations. Gold was down for a third straight session as doubts over a US-Iran deal clouded the rate outlook.
Higher inflation and rate-hike expectations raise the dollar and Treasury yields, which weigh on precious metals and signal firmer financial conditions across commodities.
cnbc.comReutersMay 28, 2026After 4,478 past macro events, DXY moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
