• +1 (312) 549-9986

Gold $2,673.30 $25.19 0.95% Silver $31.10 $0.29 0.94% Platinum $962.05 $2.14 0.22% Palladium $1,034.60 $16.1 1.58%

Gold backs down as Fed pause doubts lift US dollar

Gold backs down as Fed pause doubts lift US dollar

July 21 (Reuters) - Gold prices slipped on Friday as the dollar rebounded to its highest in more than a week after positive weekly U.S. jobs data renewed uncertainty over whether the Federal Reserve will stop raising interest rates after an expected increase next week.

Spot gold slipped 0.4% to $1,962.69 per ounce by 1119 GMT, but was set for a 0.4% rise this week. U.S. gold futures dropped 0.3% to $1,965...[LINK]

Leave your comment