ForexGlobal

Gold Prices Hold Steady Amidst Uncertain Macroeconomic Outlook,.

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TVC:GOLD   CFD untuk Emas (US$ / Auns)
Gold prices are trading steadily during the morning session in Asia. According to analysts at ANZ, the precious metal is currently navigating through a somewhat uncertain macroeconomic landscape, primarily due to the Federal Reserve's recent decision to potentially consider another rate hike in September. ANZ's research note suggests that altering perceptions regarding the Fed's forthcoming rate decision might limit gold's upward potential in the short term. The spotlight is firmly on the Jackson Hole symposium, where Federal Reserve Chair Jerome Powell is scheduled to deliver a speech today. Investors are keenly observing this event for any hints regarding the Fed's future policy direction. As of now, spot gold remains stable at $1,917.25 per ounce.

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