-
Gold Treading Water Ahead of Fed Minutes & Jackson Hole
Gold prices remain little changed so far this week with the futures market sitting around the middle of the July range, having corrected from initial August highs. The market has been lacking direction for months now with prices caught within a roughly 10% range following the correction rom YTD highs in April. A mix of conflicting drivers have sapped the bullish momentum from gold though no downside drivers have proved strong enough to fuel a correction. Looking ahead this week, focus will be on the Fed with the FOMC minutes due tomorrow before Powell speaks at the Jackson Hoel symposium on Friday. Given the weaker ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From kitco.com | Aug 18, 2025
Gold continues to exhibit exceptionally low volatility in the absence of significant market-moving headlines, with the precious metal forming its fourth doji or spinning top candlestick in the past five trading sessions. These technical formations typically emerge during periods of market indecision, characterized by minimal price movement between opening ...
From brecorder.com | Aug 19, 2025
Gold prices were little changed on Tuesday as investors awaited the Federal Reserve’s annual conference this week for cues into possible rate cuts, and weighed Washington’s efforts to end the war in Ukraine. Spot gold held steady at $3,331.49 per ounce as of 0201 GMT. U.S. gold futures for December delivery fell 0.1% to $3,375.40. Fed Chair Jerome Powell’s ...
From finance.yahoo.com | Aug 18, 2025
As Federal Reserve officials gather in Jackson Hole, Wyo., this week for their 43rd annual economic policy symposium, Federal Reserve Chair Jerome Powell and his central bank colleagues face a dilemma: hold interest rates steady in September on account of rising inflation, or lower rates thanks to weaker job market reports. That's what a very divided Fed is ...
