Gold prices eased in Dubai on Friday morning as market participants awaited closely watched remarks from US Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium later today. In the UAE, the prices of
Among the other variants of the yellow metal, 18K and 14K slipped to Dh420.5 and Dh328.0 per gram, respectively. Spot gold was down 0.66 per cent at $4,580 an ounce.Ahmad Assiri, research strategist at Pepperstone, said for gold traders, Jackson Hole is to dominate sentiment for the remainder of the week, with markets awaiting Fed Chair Kevin Warsh remarks for greater clarity on the Fed's evolving policy framework and, importantly, how policymakers intend to respond to the increasingly complicated backdrop in US rates and fiscal policy.“Warsh has emphasised a.