![Gold Ready to Move Target price $1877 By Neal Bhai [26-01-2022]](https://www.goldsilverreports.com/wp-content/uploads/2019/12/Jerome-Powell-gsr-145.jpg)
Gold prices were little changed on Wednesday, with markets awaiting a speech by Federal Reserve Chairman Jerome Powell for more signals on the US interest rate trajectory after dismal economic data.
gold jewellery demand
Financial-Markets, Monetary-Policies, Dollar Levels to Decide Gold Demand: WGC
Since gold is considered a safe haven, during choppy markets, the demand for gold improves, normally. Emerging markets, led by India and China–the biggest consuming markets–make up 70% of consumer demand for the metal.