Gold slips as investors book profit ahead of Powell's speech

Spot gold was down 0.6% to $1,941.43 per ounce by 0315 GMT, after rising 1.3% on Wednesday on expectations of more stimulus measures. U.S. gold futures eased 0.2% to $1,949.50. “After rising $26 an ounce overnight, short-term profit taking has seen gold edge lower in Asian trading,” said Jeffrey Halley, a senior market analyst at OANDA. …read more

Source:: Yahoo Finance

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