Gold futures titled higher as the dollar index lost ground, following an array of data from the US, the world’s largest economy, and as the Jackson Hole Symposium in Kansas City proceeds into the second day, with eyes fixed on Federal Reserve Chair Janet Yellen’s and European Central Bank President Mario Draught’s speeches later today. Earlier US data showed durable goods order fell more than expected in July, while core orders, excluding transportation, accelerated beyond forecasts last month, as markets await Yellen’s speech on financial stability. Now markets look forward to the results of the Jackson Hole Symposium as it moves into its second day.. the Economic Symposium, held in Jackson Hole, Wyoming, is attended by central bankers, finance ministers, academics, and financial market participants from around the world. The meetings are closed to the press but officials usually talk with reporters throughout the day.
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