Gold – Bulls Hold Grip Ahead US Inflation Data, Fed Warsh Speech in Jackson Hole

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Gold keeps firm tone and holds near four-month high on Monday, following almost 5% advance last week, with surprise US Treasury’s buyback being mainly behind the latest rally. Traders also look for more cues about the US monetary policy outlook in coming months, with focus on Wednesday’s release of US PCE Index (Fed’s preferred inflation […]The post Gold – Bulls Hold Grip Ahead US Inflation Data, Fed Warsh Speech in Jackson Hole appeared first on ActionForex.