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Gold $4,474.61 $(6.08) -0.14% Silver $71.83 $0.37 0.52% Platinum $2,239.05 $(44) -1.93% Palladium $1,714.65 $(144.55) -7.77%

Gold subdued as risk assets gain, Powell speech in focus

Gold subdued as risk assets gain, Powell speech in focus

Nov 6 (Reuters) - Gold inched lower on Monday as risk appetite picked up, while traders awaited further cues on the U.S. central bank’s monetary policy path with Federal Reserve chair Jerome Powell and a slew of Fed members’ speeches due this week.

Spot gold was down 0.3% at $1,987.29 per ounce at 1152 GMT after rising above the key $2,000 level on Friday. U.S. gold futures fell 0.2% to $1,994.50...[LINK]

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