Federal Reserve Chair Jerome Powell has downplayed the significance of the recent 28% surge in gold prices, emphasizing that the central bank focuses on broader economic indicators rather than individual asset movements. Speaking at a monetary policy forum, Powell stated that while the Fed monitors all market developments, it avoids making reactive policy decisions based on singular commodities. This approach aligns with the Fed's dual mandate of price stability and maximum employment. Powell's comments come as gold prices have risen amid geopolitical tensions and persistent inflation above the Fed's 2% target. Despite the surge, Powell suggested that the Federal Open Market Committee views current gold movements as market-driven rather than signals necessitating monetary policy adjustments. The Fed continues to prioritize key economic indicators such as core PCE inflation, unemployment rates, and consumer spending over asset-specific narratives.