Gold Prices Rise as Markets Await Jackson Hole
Gold prices ticked up on Thursday supported by a softer US dollar. Investors now await upcoming remarks from Federal Reserve Chairman Kevin Warsh at Jackson Hole for monetary policy clues.
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Gold ticked up 0.4% to $4,607.90 per ounce on Thursday afternoon, supported by a weaker U.S. dollar. The recovery follows a 1.4% decline on Wednesday during the largest one-day drop in a week.
