Fed rate cut hopes lift gold prices malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.
Gold was little changed on Friday
ahead of a key U.S. inflation report, but prices were on track
for their first weekly drop in six weeks on easing concerns of a
major escalation of the Middle East. -April 26, 2024 at 12:44 am EDT
- MarketScreener
Gold inched up on Friday ahead of a key US inflation report, but prices were on track for their first weekly drop in six weeks on easing concerns of a major escalation of the Middle East crisis. Spot gold rose 0.3% at $2,339.32 per ounce by 0640 GMT. US gold futures rose 0.4% at $2,351.20, Reuters said. However, for the week, prices were down 2.3%, set for their biggest weekly drop since early December, after a major escalation in the Middle East crisis was avoided. Prices were down nearly $100 from an all-time high of $2,431.29 scaled on April 12.
Gold higher as tensions up demand malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.
Gold prices climbed on Thursday,
recouping losses from the previous session, as geopolitical
tensions bolstered demand for the safe-haven metal. Spot gold was up 0.6% at $2,345.56 per. -April 11, 2024 at 12:00 am EDT
- MarketScreener