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Gold Price (XAU/USD) Edgy as Short-Dated US Yields Rise Ahead of Fed Speech

November 30, 2022

Via: DailyFX

The latter half of this week is set to boost market volatility with high-importance events and data releases scheduled over the next three days. Later today, Fed chair Jerome Powell will give a speech to the Brookings Institute on The Economy, Inflation, and the Labor Market, which will be closely parsed by market participants for any clues to Fed policy going forward. On Thursday, the latest look at the Fed’s preferred inflation measure, core PCE, while on Friday the monthly US Jobs Report (NFPs) hits the screens at 13:30 GMT. A busy, and potentially volatile time ahead for the rest of the week.

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