This uptick in the precious metal’s price comes despite looming concerns about the Federal Reserve’s interest rate policies, which have led to its potential fourth straight weekly decline. Fed Divided; Powell Speech Awaited Minutes from the Federal Reserve’s July meeting highlighted a division among policymakers, with the majority still prioritizing combating inflation. Events like the anticipated speech from Fed Chair Jerome Powell and developments in the U.S. labor market remain in focus, impacting global economic sentiments.