Gold Pauses After Record Rally as Market Consolidates Ahead of Fed

August 21, 2024, 07.47 PM | Source: Reuters
Gold Pauses After Record Rally as Market Consolidates Ahead of Fed

ILUSTRASI. Gold prices eased on Wednesday, a day after hitting record highs.

GOLD - JAKARTA. Gold prices eased on Wednesday, a day after hitting record highs, as investors awaited U.S. Federal Reserve meeting minutes and Chair Jerome Powell's speech for clues to the central bank's potential rate-cutting path.

Spot gold was down 0.1% at $2,510.15 per ounce as of 1126 GMT. U.S. gold futures had lost 0.1% to $2,548.50.

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