Gold rises in early Asian trade. Central bankers' less hawkish commentary could be supporting the yellow metal, say ANZ Research analysts in a note, citing Federal Reserve Chairman Kevin Warsh's statement at a forum that price risks have come down in recent weeks. Economic data also showed Euro area inflation eased more than expected in June, while the U.S. showed strong manufacturing activity and robust labor growth, they add. These prints could help to buoy gold prices, the analysts say. Spot gold adds 0.3% to $4,043.40 a troy ounce.(megan.cheah@wsj.com)
Dow Jones Newswires
Gold Gains, Helped by Central Banker Commentary, Economic Data — Market Talk
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Gold rises in early Asian trade. Central bankers' less hawkish commentary could be supporting the yellow metal, say ANZ Research analysts in a note, citing Federal Reserve Chairman Kevin Warsh's statement at a forum that price risks have come down in recent weeks. Economic data also showed Euro are…