Gold prices bounce off session lows as Powell signals patience on rates, defends Fed independence The #gold market remains under pressure but is off its lows after Federal Reserve Chair, in his final press conference as head of the central bank, said that the committee is in no hurry to change its current monetary policy stance in an environment of heightened uncertainty. “We're in a good place to move in either direction; nobody's calling for a hike right now. So it really is going to depend on how things evolve,” he said… Full story at Kitco: https://www.kitco.com/news/article/2026-04-29/gold-prices-bounce-session-lows-powell-signals-patience-rates-defends-fed

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Gold prices bounce off session lows as Powell signals patience on rates, defends Fed independence
The #gold market remains under pressure but is off its lows after Federal Reserve Chair, in his final press conference as head of the central bank, said that the committee is in no hurry to change its current monetary policy stance in an environment of heightened uncertainty.
“We’re in a good place to move in either direction; nobody’s calling for a hike right now. So it really is going to depend on how things evolve,” he said…
Full story at Kitco:
kitco.com/news/article/2026-…





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