• +1 (312) 549-9986

Gold $2,693.03 $(8.51) -0.32% Silver $30.29 $0.01 0.03% Platinum $942.76 $0.01 0% Palladium $950.58 $0.48 0.05%

Gold firms above $2,000 on somber US economic data

Gold firms above $2,000 on somber US economic data

April 20 (Reuters) - Gold prices firmed above the $2,000 level again on Thursday as the dollar and Treasury yields pulled back after soft U.S. data pointed to the economic toll of the Federal Reserve's interest rate-hike cycle, strengthening the case for an imminent pause.

Spot gold climbed 0.6% to $2,004.59 per ounce by 10 a.m. EDT (1400 GMT), after hitting a two-week low of $1969.1 in the previous session. U.S. gold futures rose 0.4% to $2,016.00...[LINK]

Leave your comment