GOLD NEWS UPDATED BY ROYAL TRADERS

Gold Prices Rise on Powell’s Comments

Gold rose on Thursday in Asia after the U.S. Central bank demonstrated that it’s getting ready to cut loan fees regardless of a solid U.S. employments report discharged a week ago.

Gold prospects for August conveyance, exchanged on the Comex division of the New York Mercantile Exchange, were up 1% to $1,426.05 by 11:57 PM ET (03:57 GMT).

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