Gold Market Holds Breath: Powell Speech and Payrolls Report in Focus Gold prices experienced a slight decline in Asian trading on Tuesday, remaining within a narrow range as investors await key economic indicators and statements from Federal Reserve officials. The precious metal has been under pressure due to concerns about high U.S. interest rates, which have strengthened the dollar and Treasury yields. Traders are particularly focused on Fed Chair Jerome Powell’s upcoming speech, the release of June’s Fed meeting minutes, and Friday’s nonfarm payrolls data. Despite increased expectations for a September rate cut, gold has shown limited response, highlighting the market’s cautious approach amid economic uncertainty. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Countries at Climate Risk Face Soaring Debt Payments, Report Reveals READ MORE Fed Minutes: Patience Prevails as Officials Await Clearer Inflation Trend READ MORE BANK OF AMERICA: Gold Still Has Upside, Despite New Record High READ MORE Chinese Central Bank kicks off New Round of Gold Accumulation READ MORE Investor Alert: Double Top Pattern & The Looming Financial Crisis READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment