Gold and Silver Prices Steady Ahead of Key Fed Minutes and Powell Speech
Gold has steadied above $3,331 as traders eagerly await the Federal Reserve minutes and Jerome Powell’s speech at Jackson Hole. Silver is also holding its ground near $38, waiting for potential breakout signals. The anticipation surrounding these events keeps the markets on edge, with investors looking for clues about future monetary policy. Both metals remain essential hedges against potential inflation and economic uncertainty. The dynamic interactions of these upcoming events could significantly dictate the trajectories for gold and silver prices in the near term.