Gold prices slipped on Wednesday in Asia ahead of the highly anticipated Jackson Hole symposium.
Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, were down 0.2% at $1,512.25.
Both the U.S. Federal Reserve and the European Central Bank will release minutes from their latest policy meetings this week, while Fed Chair Jerome Powell will give a speech on Friday at Jackson Hole.
Analysts believe Powell’s speech will provide an unknown risk of either a deeper consolidation in gold or further support.
Source : Investing.com