Singapore, Gold prices were little changed on Tuesday as investors awaited comments from Federal Reserve Chair Jerome Powell and jobs data for further cues about the US interest rate outlook.
Spot gold was steady at $2,332.27 per ounce. US gold futures rose 0.2% to $2,342.70.
Traders will look for cues on interest rate cuts when Powell speaks later in the day. Next on their radar are minutes of the US central bank’s last policy meeting due on Wednesday and the nonfarm payrolls report scheduled for release on Friday.
Source: Qatar News Agency