News › Markets · 28 Aug 2026, 10:19 PM IST · 3 days ago

Gold prices down 1% following Fed's Kevin Warsh hints at rate hike, trading at ₹1,56,780/10 gm — Check details

Bias: Neutral 0

In one line — Gold prices reversed their gains and fell by more than 1% on Friday, 28 August after US Fed Chair Kevin Warsh hinted at interest rate hikes and following downward revision in US non-farm payrolls data.

Bearish

Bullish

−10000 ●+100

Source: Mint · AI-summarised by Anadi · Updated 28 Aug 2026, 10:41 PM IST

What Happened

Gold prices reversed their gains and fell by more than 1% on Friday, 28 August after US Fed Chair Kevin Warsh hinted at interest rate hikes and following downward revision in US non-farm payrolls data.