Gold closes 3.15% lower as Treasury yields and the US dollar rise｜28 August 2026

Open 4601.25

High 4637.17

Low 4444.64

Close 4456.44

The completed trade day

XAU/USD opened at 4601.25, traded as high as 4637.17 and as low as 4444.64, then closed at 4456.44. The close was 3.15% below the open. These figures describe the completed New York trade-day window; they are not live prices or a forecast.

Verified cross-asset context

Warsh said inflation remained too high and that overall financial conditions were not tight. The sealed market-close evidence records the two-year Treasury yield rising from 4.22% to 4.35% and the ten-year yield rising to 4.72% after the speech. A separate sealed report records the US Dollar Index rising 0.46% to 99.57.

Those observed moves are consistent with a higher opportunity cost for holding non-yielding gold and a higher cost of dollar-priced gold for non-dollar buyers. The edition treats this as an evidence-bounded transmission path, not proof that one event explains every price movement.

The US Bureau of Labor Statistics also published a preliminary downward benchmark revision to payroll history. That was countervailing information, but it did not reverse the observed rise in yields and the dollar within this completed window.

What would count as later confirmation

The weekend boundary contained no continuous price discovery. Once trading resumes, only a completed M30 close below 4444.64 would confirm continuation of the observed weakness, while a completed M30 close above 4486.13 would confirm an initial repair. A touch or an incomplete bar would not count.

This page provides market information and a review method. It is not investment advice, a trading instruction, a price target or a promise of returns.