• +1 (312) 549-9986

Gold $3,336.30 $10.87 0.33% Silver $36.92 $0.09 0.25% Platinum $1,388.18 $16.31 1.19% Palladium $1,130.15 $(3.14) -0.28%

Gold hurt by dollar rebound; traders eye key data for Fed rate cut timing

Gold hurt by dollar rebound; traders eye key data for Fed rate cut timing

Feb 28 (Reuters) - Gold prices edged down for a third straight day on Wednesday, hurt by a rebounding U.S. dollar, ahead of crucial economic data which help shape investors' view on the timing of the Federal Reserve's interest rate cuts.
 
Spot gold slipped 0.1% at $2,026.71 per ounce, as of 1049 GMT. U.S. gold futures fell 0.4% to $2,035.90 per ounce...[LINK]
Leave your comment