• +1 (312) 549-9986

Gold $3,426.30 $40.18 1.19% Silver $36.46 $0.12 0.34% Platinum $1,290.70 $(7.71) -0.59% Palladium $1,055.59 $(4.43) -0.42%

Gold near two-month low, investors eye US data for rate cut cues

Gold near two-month low, investors eye US data for rate cut cues

Feb 15 (Reuters) - Gold prices languished near a two-month trough on Thursday as traders lowered expectations of sooner and deeper rate cuts by the Federal Reserve this year, while markets await a slew of U.S. economic data for further clarity.
 
Spot gold was up 0.3% at $1,997.10 per ounce, as of 1158 GMT, but hovered near its lowest since Dec. 13 hit on Wednesday. U.S. gold futures rose 0.3% to $2,009.20...[LINK]
Leave your comment