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Investing.com-- Gold prices fell slightly in Asian trade on Tuesday, but remained close to record highs as traders grew more convinced that the Federal Reserve will begin cutting interest rates in September, which sparked weakness in the dollar.
Markets are now awaiting more cues on interest rates from the Federal Reserve, with Chair Jerome Powell set to speak at the Jackson Hole Symposium on Friday.
Spot gold fell 0.1% to $2,501.06 an ounce, while gold futures expiring in December fell 0.1% t...
>>> Read more: Gold prices hover above $2,500 with rate cuts, Powell speech in focus
Markets are now awaiting more cues on interest rates from the Federal Reserve, with Chair Jerome Powell set to speak at the Jackson Hole Symposium on Friday.
Spot gold fell 0.1% to $2,501.06 an ounce, while gold futures expiring in December fell 0.1% t...
>>> Read more: Gold prices hover above $2,500 with rate cuts, Powell speech in focus
