| Gold and the external risky markets adopted a more cautious tone before Bernanke's speech on Aug. 31 at the annual gathering of central bankers and finance ministers at Jackson Hole. Global economic data appear weak.
The US Conference Board's Confidence Index fell 4.8 points in August to 60.6 which is the biggest drop in 10 months. However, house prices in the 20 cities in the US showed the first yearly gain in June since two years ago. Japan has recently cut its country's growth forecast due to rising risks in several countries as well as the financial markets...............................................Full Article: Source
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