Gold prices stay higher after remarks by US Federal Reserve Chairman Kevin Warsh reduce market expectations for near-term rate increases. Multiple outlets report that Warsh’s comments dampen speculation that the Fed will raise interest rates this year in response to inflation. Following the speech, gold initially rebounds and then extends its advance, indicating investors are adjusting their outlook for the Fed’s policy path. The reports link the price movement to changing expectations around the timing and likelihood of rate hikes, since higher interest rates can affect the opportunity cost of holding non-yielding assets like gold. While the articles focus on Warsh’s impact on rate-hike prospects, they do not present additional new economic data or policy decisions. Overall, the coverage characterizes the market reaction as a shift in expectations for Fed tightening rather than a fundamental change driven by other catalysts.