Gold prices gained while the dollar was flat on Friday in Asia after Federal Reserve chairman Jerome Powell delivered a bullish assessment of the U.S. economy on Thursday.
“Our economy is currently performing very well overall, with strong job creation and gradually rising wages,’’ said Powell in his final scheduled public remarks before the central bank goes into a blackout period before its Dec. 18-19 policy meeting. “In fact, by many national-level measures, our labour market is very strong.’’
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