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Feb 27 - Gold prices edged up on Tuesday due to a softer dollar, as investors awaited a key U.S. inflation report in a week filled with data... -February 27, 2024 at 12:21 am EST - MarketScreener
Gold prices rose on Tuesday as the dollar softened, while investors awaited a key US inflation report and speeches from Federal Reserve officials for cues into the central bank's potential rate-cut timings. Spot gold was up 0.4% at $2,038.19 per ounce, as of 0840 GMT. US gold futures rose 0.5% to $2,047.90 per ounce. The dollar traded weaker, making greenback-priced bullion relatively less expensive for other currency holders.
Gold prices edged up on Tuesday as the dollar softened, while investors awaited a key U.S. inflation report in a week...
Softer dollar supports metal, while investors await key US inflation report and speeches from Fed officials for clues on timing of rate cuts
Gold struggled near a two-month low on Thursday, as investors assessed comments from two U.S. Federal Reserve officials on unexpectedly high January inflation that has tempered hopes for swift and... -February 15, 2024 at 12:22 am EST - MarketScreener