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 Gold's Rise: LBMA London Gold Price Sets New Record as Year Ends READ MORE Navigating Uncertainty: The Case for Gold and Bitcoin READ MORE Rising Tide of Global Debt Set to Elevate Yields, Predicts Goldman Sachs READ MORE Gold Recycling Rises in India During Wedding Season Amid High Prices READ MORE ZeroHedge: CPI Prints Hotter Than Expected In January As SuperCore Soared READ MORE Add a Comment Cancel replyYour email address will not be published.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