Kevin Warsh is set to deliver his inaugural speech as Federal Reserve Chair at the Jackson Hole symposium this Friday, according to FX Street. This event is closely watched by markets for clues on future U.S. monetary policy.
Gold prices have declined amid steady expectations that the Federal Reserve will hold interest rates steady in September. On Wednesday, gold (XAU/USD) traded around $1,620, down 0.83% for the day, FX Street reported.
Market participants are looking beyond the September rate decision itself, focusing on broader signals from the Fed's policy outlook. For Japanese investors, the Fed’s stance and gold price movements remain key factors influencing FX and commodity market dynamics.