Gold slips as investors await Jackson Hole outcomes
Traders are also looking to the G7 summit this weekend for clues on what additional steps policymakers may take to boost economic growth
22 August 2019 - 15:51
Bengaluru — Gold prices dipped on Thursday as investors locked in profits, with the focus shifting to Friday's speech by US Federal Reserve (Fed) chair Jerome Powell at the Jackson Hole meeting for clarity on the direction of monetary policy.
Spot gold was down 0.5% at $1,494.09/oz by 12.12pm GMT, while US gold futures slipped 0.8% to $1,503/oz...
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