Gold Prices Gain in Asia As Inflation Views Debated, US Holiday Ahead
Gold prices gained in Asia on Monday with a holiday ahead in the US keeping trade light and the market awaiting more signals on inflation this year as debate grows over the extent of potential price gains globally.
Gold prices edged up on Monday, rebounding from the worst week in more than two months. Federal Reserve’s new chair Jerome Powell would be giving his first speech at the Congress on Tuesday, as investors look for potential clues of future pace of U.S. monetary policies www.mcxgoldstar.com 7830278303
Gold prices slipped on Thursday, pulling away from the previous session's two-and-a-half week highs posted after mixed U.S. economic reports dampened expectations for a more aggressive rate hike policy by the Federal Reserve. www.mcxgoldstar.com 7830278303
Gold prices remained mildly supported on Tuesday, as sentiment on the greenback was vulnerable ahead of Federal Reserve Chairman Jerome Powell's first congressional testimony scheduled later in the week. www.mcxgoldstar.com 7830278303
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