Gold futures contracts were steady in Asian trade on the COMEX today as investors await developments from the Jackson Hole meeting of global central bankers scheduled to start Thursday. The December gold contract on COMEX was up 0.02% at $1,291.20 an ounce. Overall outlook for gold is likely to remain firm due to uncertainty ahead of the economic summit at Jackson Hole. Speeches by European Central Bank President Mario Draghi and US Federal Reserve Chair Yellen would be keenly watched.
Source: Newswire
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