Gold Price Lacklustre After Trump-Zelensky Meeting; Fed's Jackson Hole Summit in Focus; Key MCX Levels to Watch
Gold prices remain stable as investors await Federal Reserve insights from Jackson Hole and July minutes, with an 84% chance of a September rate cut, CME FedWatch shows.
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Fed’s Powell to Take Center Stage for Final Time at Jackson Hole Retreat
Federal Reserve chair Jerome Powell will be under the spotlight when he delivers his final keynote address at this week’s annual central bank retreat beginning on Aug. 21. More than 100 people, including central bankers, academics, and financial industry leaders, will converge on Jackson Hole, Wyoming, for the Federal Reserve Bank of Kansas City’s 43rd Economic Policy Symposium from Aug. 21 to Aug. 23. This year’s event is titled, “Labor Markets…
Gold, Silver Rates Today (August 19): Gold, silver fall on MCX post Zelenskyy-Trump meeting
The gold price on MCX fell on Tuesday, August 19, 2025, as investors are hopeful of a possible end to the war between Russia and Ukraine after a meeting between US President Donald Trump and Ukrainian President Volodymyr Zelenskyy. The gold October 3 contract on the Multi Commodity Exchange (MCX) opened with a minor gain of Rs 65 at Rs 99,466 per 10 grams against the previous close of Rs 99,401. While it hit a high of Rs 99,517, it was trading a…
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