What to Expect From Federal Reserve chair’s Jackson Hole Speech – Gold Silver Reports

Gold silver Reports (GSR) – The annual gathering of central bank leaders at the Jackson Hole symposium in Wyoming on Friday will firmly place Federal Reserve chair Jay Powell in the spotlight for investors. While he faces the unusual problem of a president voicing criticism of interest rate policy, Mr Powell has a strong US economy and relatively becalmed markets in his favour   

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The Fed’s Annual Monetary Policy Symposium (organized by the Federal Reserve of Kansas City) will be on August 23 to 25

Gold Silver Reports (GSR) – The theme this year is on “Changing Market Structure and Implications for Monetary Policy”

✅ It will be attended by the elite of the global central banking world and various other big wigs (I think my invitation might have got lost in the mail)

✅ Usually the head of the Fed, the ECB and BOJ attend, along with BoE and so forth.       

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Gold May Hit $1,300 by End of Year, ICBC Says

MCX GOLD FUTURES OUTLOOK

Gold Silver Reports (GSR) – Bullion is set to average $1,260 an ounce in the third quarter and rise further in the following three months as interest rate increases are priced in and physical demand emerges, Marcus Garvey, a London-based commodities strategist, said in an interview in India.       

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