Gold Extends Drop as Traders Weigh Powell's Remarks on Rates.

Keywords: ALLTOP; ASIA; BASIC; BON; BUSINESS; CMD; COS; FRX; FUTURES; GLOBALMACR; GOV; INDIA; INDUSTRIES; MARKETS; METMNG; NORTHAM; US; WORLD; WWTOP EN ALLTOP ASIA BASIC BON BUSINESS CMD COS FRX FUTURES GLOBALMACR GOV INDIA INDUSTRIES MARKETS METMNG NORTHAM US WORLD WWTOP RH8H90T0G1KW Powell signaled the Fed will likely keep raising interest rates and leave them elevated for a while to contain high inflation. Prior to Powell's speech, investors saw the odds as roughly even of a half-point or another three-quarter point hike at the Fed's Sept. 20-21 gathering. [Extracted from the article]