Gold price rises noticeably after Powell speech – Commerzbank
The price of Gold jumped by around $50 to just under $3,380 per troy ounce on Friday afternoon, Commerzbank’s commodity analyst Carsten Fritsch notes. Gold might not overpass the $3,400 mark “This was triggered by Fed Chairman Powell’s speech at the annual Fed symposium in Jackson Hole. In his speech, he paved the way for an interest rate cut…











