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Gold prices were set for a fourth straight monthly gain, even as the market struggled for momentum on Friday ahead of a key U.S. inflation reading that could provide more indications on how the...
Gold prices were set for a fourth straight monthly gain, even as the market struggled for momentum on Friday ahead...
Metal is set for fourth consecutive monthly gain, even as market struggles for momentum ahead of key US inflation reading
Gold prices were set for a fourth straight monthly gain, even as the market struggled for momentum on Friday ahead of a key US inflation reading that could provide more indications on how the Federal Reserve might proceed with rate cuts later this year. Spot gold was unchanged at $2,343.63 per ounce, as of 0726 GMT. Bullion prices are up 0.4% so far this week and 2.5% so far in the month. US gold futures was flat to $2,341.80, said Reuters.
Across the broader market, advancers beat decliners only slightly, at 276 to 272 Read more at straitstimes.com.