Wall Street turns bearish on gold price warns of volatility ahead of Jackson Hole
Wall Street turns bearish on gold price, warns of volatility ahead of Jackson Hole As gold ends the week down 3%, Wall Street is turning negative on gold for next week, blaming a strong U.S. dollar and pressure from the upcoming Jackson Hole Symposium. Gold folded under pressure from the greenback on Friday as the U.S. dollar index climbed to 20-year highs. December Comex gold futures were last trading at $1,763.10, down 3% on the week. Markets remain focused on…