Gold Steady Ahead of Jackson Hole Speech
Gold prices held steady near 4600 dollars per ounce as investors avoided large bets before the Federal Reserve chair speech. Traders sought policy clues while awaiting remarks from the Jackson Hole symposium.
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Gold held steady at $4,600.07 per ounce on Friday as investors paused trading ahead of Federal Reserve Chair Kevin Warsh's speech. Spot prices dipped a marginal 0.02% during Friday's midday session. The precious metal previously hit a three-month high of $4,696.18 on Tuesday following bond support measures.
