Gold dips as markets await US data, Powell’s rate stance in focus
Gold prices edged lower on Wednesday as investors awaited US payroll data and assessed Federal Reserve Chair Jerome Powell's cautious stance on rate cuts, although a weaker dollar helped limit losses for greenback-priced bullion. Spot gold was down 0.2% at $3,330.68 per ounce, as of 02:17 GMT, while US gold futures fell 0.3% to $3,340.60.