The US Dollar suffered its second week of losses, with declines amplified as Fed Chair Jerome Powell spoke at the Jackson Hole Central Banking Symposium on Friday. While he did reiterate much of the status quo that gradual hikes are likely appropriate, a lack to go beyond that left hawks rather disappointed. Indeed, US government bond yields declined across the board.
trend line
Gold Price Forecast – Gold continues to follow trend line – Christopher Lewis
Gold Silver Reports (GSR) – Gold markets have been slightly negative during the trading session on Thursday, but only slightly so.