Gold Wavers as Traders Look to Jackson Hole and Ukraine Talks

Gold wavered as traders looked ahead to potential interest-rate signals from the Federal Reserve’s annual gathering in Jackson Hole, as well as high-stakes diplomacy in Washington over efforts to end the war in Ukraine.

Bullion traded in a narrow range over the past few sessions. Central bankers from around the world will gather at the retreat in Wyoming starting Friday, with markets largely expecting a reduction in US rates at the Fed’s policy meeting next month.