Gold Edges Higher as Traders Ease Rate-Hike Bets on Warsh Speech

Gold prices opened the week higher as traders reduced their expectations for a Federal Reserve interest rate hike this month. This shift in market sentiment followed specific remarks delivered by Chair Kevin Warsh. Additionally, gold edged higher amid softer oil prices, while the overall Federal Reserve rate outlook remains a primary focus for investors. Market participants continue to monitor central bank signals to determine the trajectory of interest rates and their impact on precious metals.