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Gold consolidates as Fed Minutes and ceasefire speculation cap gains
Gold price traded sideways on Monday as traders await the meeting between Trump, Zelenskiy, and European leaders in Washington following last week's summit between US President Donald Trump and Russian President Vladimir Putin. Growing speculation of a ceasefire on a peace deal caps Bullion prices, which trade near $3,330, virtually unchanged. XAU/USD trades within the $3,320-$3,360 range during the day as market participants brace for the release of the Minutes from the last meeting of the Federal Reserve (Fed) and Fed Chair Jerome Powell's speech at the Jackson Hole Symposium on Friday. Expectations that the Fed ... (full story)
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