Spot gold continued to trade in a choppy range around a mid-range area of concentrated positioning, with both bulls and bears remaining cautious ahead of remarks by Fed Chair Kevin Warsh.
According to Jin10, market participants were waiting for the Federal Reserve’s policy meeting and for a final outcome on a U.S.-Iran agreement, while downside positioning in gold was described as being steadily absorbed.
Silver briefly rose to $71.2 but failed to hold the move, and bullish traders were still waiting for clearer signals.
PRECIOUS METALS | Spot Gold Trades Cautiously Ahead of Kevin Warsh Remarks
2026-06-17 12:38:38
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