Gold slips 0.2% to $4,646.77 as markets await Warsh remarks

Spot gold fell 0.2% to $4,646.77 a troy ounce in Asian trade as markets awaited Federal Reserve chairman Kevin Warsh’s remarks at the annual Jackson Hole gathering Friday. ANZ Research analysts said investors were looking for clarity on when the central bank may react to inflation. Higher interest rates typically pressure nonyielding assets such as gold. Treasury Secretary Scott Bessent also offered no further signals on possible changes to U.S. debt management after last week’s bond-buyback announcement revived concerns about U.S. fiscal policy and weakness in the dollar.

本网站上的信息是使用AI生成的,我们无法保证其准确性。 请仅作为参考信息使用。