Gold holds above $2,100 near record high, focus on Powell testimony



Gold prices held above the $2,100 level on Wednesday, near a record peak hit in the previous session as hopes for U.S. rates easing by mid-year mount, while traders awaited remarks on the economy's health from Federal Reserve Chair Jerome Powell.

Spot gold edged down 0.1% at $2,126.13 per ounce, as of 0458 GMT. U.S. gold futures fell 0.4% to $2,134.30.

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