Gold treads water ahead of Fed Warsh's Jackson Hole speech
· economictimes.indiatimes.com
In early Asian trading on Friday, gold prices slipped slightly as markets geared up for an anticipated address by Federal Reserve Chair Kevin Warsh at Jackson Hole. With Fed officials expressing concerns about ongoing inflation in the United States, and labor market data indicating stability, traders are eager to see how this may influence a prospective US rate increase set for December.
Synopsis
In early Asian trading on Friday, gold prices slipped slightly as markets geared up for an anticipated address by Federal Reserve Chair Kevin Warsh at...