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European stocks close mixed on Wednesday

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European stocks close mixed on Wednesday

2026-08-27 11:26 Last Updated At:12:30

European stock markets ended mixed across the board on Wednesday.

The United Kingdom's FTSE 100 index slipped 0.07 percent to close at 10,878.12 points. France's CAC 40 index rose 0.27 percent to finish at 8,462.39 points. Germany's DAX index gained 0.08 percent to end the session at 26,285.96 points.

European stocks close mixed on Wednesday

European stocks close mixed on Wednesday

International gold and silver prices declined on Wednesday, as stronger-than-expected U.S. inflation data reinforced expectations of a Federal Reserve rate hike next month, boosting the dollar and pressuring precious metals.

On the New York Mercantile Exchange, gold futures for December delivery fell 0.88 percent to settle at 4,653.30 U.S. dollars per ounce, while silver futures for September delivery dropped 0.96 percent to close at 68.026 dollars per ounce.

The declines came after the U.S. personal consumption expenditures (PCE) price index for July, released on Wednesday, pointed to persistent inflationary pressures, prompting traders to increase their bets on a rate increase at the Fed's September meeting.

Gold, silver prices fall on US inflation data, rate hike bets

Gold, silver prices fall on US inflation data, rate hike bets

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