Gold Rises on Possible Dip-Buying After Falling on Powell's Remarks

Core Viewpoint - Gold prices increased during the early Asian session due to potential dip-buying after a decline triggered by Fed Chair Powell's comments regarding the uncertainty of a December rate cut [1] Group 1 - The rise in gold prices is attributed to possible dip-buying activity [1] - The initial decline in gold was influenced by Fed Chair Powell's indication that a December rate cut is not guaranteed [1]