Gold prices rose slightly on Tuesday as the U.S. dollar weakened, making the metal more attractive to international buyers. Traders are increasingly betting on lower interest rates, with markets seeing a strong chance of a Fed rate cut in September. All eyes are now on Fed Chair Jerome Powell’s speech at the Jackson Hole symposium later this week, which could provide important clues about the Fed’s next move. Analysts note that gold has been trading in a tight range recently, pulled by global events such as peace talks in Ukraine and signs of weakness in the U.S. labor market. Despite this short-term back-and-forth, many expect longer-term risks to support higher gold prices. Elsewhere in precious metals, silver dipped, platinum gained, and palladium slipped.

Gold Near $5,000 as Fed Faces Sticky Inflation
Gold steadies near $5,000 as inflation complicates the Fed’s next move. China’s retail demand surges, volatility rises, and miners expand exploration. Markets may be underestimating policy risk as rate-cut hopes face renewed pressure.




