We seem to be drifting in a strange calm. Gold has circled around the $3,350 level for three months, silver has held in a narrow band, and traders now wait (at the time of writing) for Jerome Powell’s Jackson Hole remarks to provide direction. A single dovish word could send the dollar lower and real […]
Gold prices edged higher this morning, with December futures trading around $3,384 per ounce and silver near $38. Investor attention is fixed on Jackson Hole, where Federal Reserve Chairman Jerome Powell is expected to signal whether U.S. rates could be cut in September. Global markets remain cautious, with equities subdued and bond markets stabilised following […]
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