India, Aug. 19 -- Gold prices fell on Tuesday as focus shifts towards the upcoming Jackson Hole summit, where the US Fed chair's insights on monetary policy will assume importance amid the inconclusive meeting between the US and Ukrainian presidents yesterday.
Front Month Comex Gold for August delivery decreased by $18.30 (or 0.55%) to $3,313.40 per troy ounce today.
Front Month Comex Silver for August delivery slumped by 69.00 cents (or 1.82%) to $37.261 per troy ounce today.
The Jackson Hole Economic Symposium in Wyoming, where central bankers and economists share insights on global economies, is scheduled to begin on August 21 and conclude on August 23.
As a rate cut is widely expected during the September 16-17 Federal Open Market C...