Gold Pauses After Record Rally as Market Consolidates Ahead of Fed

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

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

Source: ReutersEditor: Wahyu T.Rahmawati

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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