Gold Takes a Pause—Almost a Three‑Week Low
Gold’s price slid close to a three‑week low this Wednesday, as traders are holding their breath until the Federal Reserve’s Jackson Hole symposium.
The Market’s Big Question: Powell’s Speech
Everyone’s waiting for Chairperson Jerome Powell to speak and for the July Fed minutes to spill the beans on future policy moves. Will the Fed keep easing—or pause?
What If the Fed Keeps the Cuts Coming?
- The market’s already priced in two quarter‑point cuts for this year.
- If the Fed confirms the easing path, gold would feel a boost and yields could trim down.
- But if the tone turns caution‑heavy, Treasury yields might climb, capping gold’s upside.
Investment Flow 2025: A Slow‑Mo Trend
Investor love for gold has been solid in 2025, but the momentum is now eating its lunch. Global gold ETFs have pumped in roughly 419 tonnes this year—about $41 billion in money. However, the latest weekly data shows only a 9.9‑tonne bump, and Asia actually sent money out. Fast inflows are slowing, which could nudge gold’s gains down.
Geopolitics on the Radar
Mixed vibes come from the front lines:
- Ukrainian President Volodymyr Zelensky calls talks a step forward.
- Russia’s side feels skeptical about a summit—any hiccup could chill risk appetite.
- Meanwhile, the Middle East remains hot, ensuring safe‑haven demand for precious metals stays on the menu.
