Summary: Gold prices fell on Thursday due to a stronger US dollar following the Federal Reserve’s interest rate cut and cautious comments from Fed Chair Jerome Powell. The Fed reduced rates by 25 basis points and indicated a steady lowering of borrowing costs for the rest of the year.

Link: https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-slips-us-dollar-gains-after-fed-rate-cut-powell-comments