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Gold $5,167.75 $(59.82) -1.14% Silver $87.90 $(0.28) -0.31% Platinum $2,159.78 $0.19 0.01% Palladium $1,743.75 $5.74 0.33%

Gold slips on optimism for soft landing for US economy

Gold slips on optimism for soft landing for US economy

August 1 (Reuters) - Gold retreated on Tuesday as the dollar firmed and hopes of a soft landing for the U.S. economy dented safe-haven demand for bullion.

Spot gold eased 0.5% to $1,954.49 per ounce by 1136 GMT, while U.S. gold futures dropped 0.9% to $1,953.70...[LINK]

 
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