• +1 (312) 549-9986

Gold $3,453.63 $33.43 0.98% Silver $32.52 $(0.18) -0.55% Platinum $975.90 $11.17 1.16% Palladium $950.26 $15.51 1.66%

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]

Leave your comment