The Gunners have been continually linked with the 19-year-old, with reports in France claiming that the two clubs held talks on Thursday.
Rabiot's contract with the French champions is due to expire in 2015 and PSG coach Laurent Blanc admitted earlier in August that the player could leave his side before next summer.
When asked about a potential move for Rabiot on Friday, Wenger told the press: "I'll put one answer. I'm not telling you."
Olivier Giroud is sidelined until the start of 2015 after undergoing surgery on a broken leg and Wenger has reiterated that he is open to bolstering his attacking options before the transfer window closes.
"We have shown in the last two seasons that, if there are [players to buy], we will do it," said the Arsenal boss.
"The last few days [of the transfer window] are like poker games."