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On August 27, gold prices edged higher on Thursday as concerns over currency depreciation persisted, while market attention turned to the highly anticipated speech by Federal Reserve Chair Walsh this week. OANDA senior market analyst Kelvin Wong stated that the narrative of dollar depreciation, coupled with worries about the U.S. budget deficit, continues to support gold in the medium term. The U.S. Treasury previously announced an expansion of its purchases of previously issued long-term bonds, raising concerns about dollar depreciation, which led to a more than 5% increase in gold prices last week. Wong added, "The market is waiting for Walsh's speech to gain a clearer understanding of how the Federal Reserve will respond to the current economic situation. If he does not provide specific forward guidance on monetary policy, the market's current pricing for interest rate hikes is likely to remain largely unchanged." On the geopolitical front, the Prime Minister of Qatar is set to visit Tehran to restart diplomatic mediation. The U.S. and Iran have previously exchanged accusations, with the focus of contention involving Washington's commitment to increase economic pressure on Tehran by sanctioning Iran's trade partners.

On August 27, gold prices rose slightly on Thursday as concerns over currency depreciation persisted, while market attention turned to the highly anticipated speech by Federal Reserve Chairman Walsh this week. Kelvin Wong, a senior market analyst at OANDA, stated that the narrative of dollar depreciation, coupled with worries about the U.S. budget deficit, continues to provide support for gold in the medium term. The U.S. Treasury had previously announced an expansion of its purchases of earlier issued long-term bonds, raising concerns about dollar depreciation, which led to a more than 5% increase in gold prices last week. Wong added, 'The market is waiting for Walsh's speech to gain a clearer understanding of how the Federal Reserve will respond to the current economic situation. If he does not provide specific forward guidance on monetary policy, the market's current pricing for interest rate hikes is likely to remain largely unchanged.' On the geopolitical front, the Prime Minister of Qatar is set to visit Tehran to restart diplomatic mediation. The U.S. and Iran had previously exchanged accusations, with the focus of contention involving Washington's commitment to increase economic pressure on Tehran by sanctioning Iran's trade partners.

On August 27, Avihu Levy, a developer from the Starknet team, completed a BTC transaction on the Bitcoin mainnet using the Quantum Safe Bitcoin (QSB) method. Avihu Levy proposed the Quantum Safe Bitcoin (QSB) solution in April 2026, which allows Bitcoin transactions to be signed in a way that remains secure even against attackers with large-scale quantum computers capable of running Shor's algorithm, without requiring any changes to the Bitcoin protocol.