Gold dips as investors book profit, await Fed's cues

“Gold bulls will be hoping, in a way, that the stars align a bit: that Powell outlines the Fed’s pivot to inflation targeting, and expresses an openness to keep long term rates low, ideally through a new yield-curve control program.”

Powell is set to address the Fed’s annual central bankers’ conference at 1310 GMT, with investors looking for cues on inflation and monetary strategy.

https://www.cnbc.com/2020/08/27/risks-of-more-us-sanctions-will-boost-r…