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Economic Times24 August 2026
Gold hits over three-month high ahead of US inflation data, Fed chair speech
Gold prices have surged to a three-month high, driven by investor anticipation for upcoming US inflation data. The speech by Federal Reserve Chair Kevin Warsh is also a focal point, likely influencing interest rate outlooks. Furthermore, Poland's central bank has expanded its gold reserves, reflecting increased demand from the official sector.
Gold prices have surged to a three-month high, driven by investor anticipation for upcoming US inflation data. The speech by Federal Reserve Chair Kevin Warsh is also a focal point, likely influencing interest rate outlooks. Furthermore, Poland's central bank has expanded its gold reserves, reflecting increased demand from the official sector.
Source
Economic Times Markets