Gold prices edged higher on Thursday,
supported by a softer dollar and lower Treasury yields after
data signalled cooling U.S. inflation, bolstering bets for an
interest rate cut by the Federal.
Copper prices rose to a one-week high
on Friday as weaker-than-expected U.S. retail sales data revived
hopes for an interest rate cut from the Federal Reserve in June
and lifted risk sentiment among. -February 15, 2024 at 10:01 pm EST
- MarketScreener
Gold prices edged higher on Thursday,
helped by a softer U.S. dollar and lower Treasury yields, but
hovered near five-week lows as investors tempered rate-cut
optimism after hawkish comments from.