Spot gold up 0.3% at $1,756.20 per ounce
Updated: 25 Aug 2022, 10:33 AM IST
TL;DR.Investors across financial markets are bracing for the U.S. central bank to reiterate its commitment to tame inflation or signal a pivot to subdued interest rate hikes. Powell will address the annual global central banking conference at Jackson Hole on Friday.
FILE PHOTO: Gold bullion is displayed at GoldSilver Central's office in Singapore June 19, 2017. REUTERS/Edgar Su