Gold prices fell on Thursday after
traders gauged Federal Reserve officials updated interest rate
projections, which signalled only one U.S. rate cut this year. .
Gold prices rose on Thursday,
building on the previous session s gains as investors awaited
U.S. non-farm payrolls data that could determine whether
interest rates will be cut earlier than expected. -June 05, 2024 at 09:41 pm EDT
- MarketScreener
Gold prices were flat on Thursday, as
investors awaited a key U.S. inflation reading that could
provide further insights into the Federal Reserve s policy path. .
Gold prices were listless on Thursday
after a recent rally lost steam to dip more than 1% in the
previous session, as traders started pulling back their
expectations of rate cuts by the U.S. Federal.
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.