Gold Futures Expected to Fall by About $40

On Friday (May 19th), during the Asian trading session, gold futures rebounded after a sharp decline yesterday and are currently hovering around $1965 per ounce. Investors will focus on the speech by Federal Reserve Chairman Powell today. If he makes hawkish comments, the price of gold may face another sell-off. The Kshitij Consultancy Service team published a latest article on Friday, providing a forward-looking analysis of the future trends of gold futures, silver futures, crude oil futures, and copper futures.