Gold prices inched lower on Wednesday
as the dollar firmed, while investors focussed on the U.S.
non-farm payrolls report due later in the week for more cues on
the Federal Reserve s rate-cut plans. . -June 04, 2024 at 09:42 pm EDT
- MarketScreener
Gold prices traded near record-high levels on Thursday, as U.S. yields and the dollar dipped after the U.S. Federal Reserve hinted it may pause its rate-hike cycle.
(Reuters) - Gold prices hovered near record highs seen in 2020, trading steady above the key $2,000 level on Wednesday, as the dollar eased after weak U.S. economic data fanned expectations that the Federal Reserve might loosen its monetary policy trajectory. | 09:59pm