Gold climbs to fresh record high with focus on Jackson Hole symposium

NEW YORK, 20th August, 2024 (WAM) -- Gold resumed its rally to hit another record high as traders focus attention on comments from Federal Reserve Chair Jerome Powell due later this week.

Bloomberg reported that bullion climbed above US$2,520 an ounce Tuesday, after falling slightly in the previous session. Powell is set to speak Friday at the annual Jackson Hole symposium in Wyoming, where his comments will be c