🔴 AngloGold Ashanti is trading 4.5% down today after gold retreated on hawkish Fed signals

AngloGold Ashanti is trading at $113.09, down 4.48% on August 28, 2026, after gold prices retreated amid expectations for a hawkish Federal Reserve stance.

• Spot gold fell 0.5% before Chair Kevin Warsh’s Jackson Hole speech, pressuring precious-metals miners.
• Warsh later emphasized persistent inflation, reinforcing expectations for potentially higher rates and weighing on non-yielding gold.
• The broader U.S. market was comparatively subdued, so the move appears primarily sector-driven rather than company-specific.