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21 Aug 2025

Gold futures decline as Jackson Hole symposium awaits

Gold futures prices fell as investors awaited clues on Federal Reserve policy at the annual three-day Jackson Hole economic symposium, which begins later today.

During Thursday's trading, gold futures for December delivery fell 0.2%, or $6.80, to $3,381.70 per ounce.

Spot gold fell 0.25%, or $8.85, to $3,339.58 per ounce.

The dollar index, which measures the performance of the US currency against a basket of six major currencies, rose slightly, 0.1%, to 98.31.

While silver futures for September delivery rose 0.4% to $37.93 an ounce, spot platinum prices were steady at $1,337.63, while palladium fell 0.2% to $1,112.84.

Federal Reserve Chairman Jerome Powell is scheduled to deliver a keynote speech on Friday, with investors closely watching whether he supports measures to bolster the labor market or focuses on inflation risks, according to Reuters

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