Investors focus on Powell's comments which put gold back into rally mode Today gold futures are trading solidly higher as market participants react to Chairman Jerome Powell's speech at the Hutchings Center on Fiscal and Monetary Policy, held at the Brookings Institution in Washington. Market participants focused intently on his remarks which alluded to a dynamic change in the Federal Reserve's monetary policy. "Thus, it makes sense to moderate the pace of our rate increases as we approach the level…