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Commodities

Gold Price Holds Steady Ahead of Warsh Speech

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The gold price is trading at $4,610.17 as markets await Federal Reserve Chair Kevin Warsh's Jackson Hole speech on Friday.

A hawkish message could strengthen the U.S. dollar and push Treasury yields higher, putting pressure on the gold price.

Conversely, a dovish message could weaken the dollar and support gold above $4,600.

The preliminary benchmark payroll revision, revised University of Michigan consumer sentiment, and inflation expectations will also be on traders' radar.

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