News  Sources

Gold prices barely move ahead of US inflation data

Gold prices remained unchanged as investors awaited U.S. inflation data for insight into a possible Federal Reserve rate cut. Spot gold was flat at $2,630.59 per ounce, while U.S. gold futures rose 0.4% to $2,630.70. Minutes from the Fed meeting showed officials were divided on further rate cuts. Traders are closely monitoring jobless claims, GDP, and core PCE figures set for release later in the day.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14130359/Gold-prices-barely-ahead-US-inflation-data.html
Source Id: 8430583799

share this article:  

Our mission is to provide you with up-to-date, concise news from multiple sources in one place, keeping you informed about Israel.
 
Hit 'Subscribe' to get the latest curated news about Israel delivered daily to your inbox