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Gold $4,689.47 $(25.84) -0.55% Silver $87.48 $0.92 1.06% Platinum $2,147.69 $18.84 0.88% Palladium $1,499.00 $10.81 0.73%

Gold subdued as risk assets gain, Powell speech in focus

Gold subdued as risk assets gain, Powell speech in focus

Nov 6 (Reuters) - Gold inched lower on Monday as risk appetite picked up, while traders awaited further cues on the U.S. central bank’s monetary policy path with Federal Reserve chair Jerome Powell and a slew of Fed members’ speeches due this week.

Spot gold was down 0.3% at $1,987.29 per ounce at 1152 GMT after rising above the key $2,000 level on Friday. U.S. gold futures fell 0.2% to $1,994.50...[LINK]

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