Introduction 1- Gold remains little changed, awaiting indications on the path of US interest rates.

To update prices and add analyst commentary

August 21 (Reuters) - Gold prices were little changed on Thursday as traders awaited clues on the Federal Reserve's monetary policy outlook ahead of the Jackson Hole, Wyoming, symposium, which begins later in the day.

By 0358 GMT, spot gold was down 0.2 percent at $ 3,339.97 per ounce. US gold futures for December delivery also fell 0.2 percent to $ 3,382.40 .

The dollar index rose 0.1 percent, making gold priced in the greenback more expensive for holders of other currencies.

Federal Reserve Chairman Jerome Powell is likely to deliver the keynote speech on Friday at the annual Jackson Hole symposium, held from August 21 to 23. Investors will be closely watching his speech to see whether he supports measures to bolster the labor market or focuses on inflation risks.

"We believe gold prices will not rise significantly and will hold for now," said Brian Lan, managing director at GoldSilver Central in Singapore. "Even if interest rates come down slightly, we could see a slight uptick in gold prices... Gold could reach $3,400. If not, prices could continue to hold or even decline slightly closer to $3,300."

Minutes from last month's Federal Reserve meeting showed that two members voted to cut interest rates by a quarter percentage point to address the weak labor market, but their position lacked broader support.

The two members are Michelle Bowman, Vice Chair of Banking Supervision, and Council Member Christopher Waller.

The Fed has kept interest rates unchanged since December, and the CME FedWatch tool predicts an 85 percent chance of a rate cut in September.

Gold typically thrives in low interest rate environments and during times of uncertainty.

US President Donald Trump called on Federal Reserve Board member Lisa Cook to resign over allegations related to mortgages in Michigan and Georgia, escalating his efforts to gain influence over the central bank.

On the geopolitical front, Russia said that attempts to resolve security issues related to Ukraine without Moscow's participation "will lead nowhere . "

Among other precious metals, spot silver lost 0.1 percent to $37.85 an ounce, platinum fell 0.4 percent to $ 1,334.58 , and palladium fell 0.5 percent to $ 1,108.84 .





(Prepared by Rehab Alaa for the Arabic newsletter)

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