• +1 (312) 549-9986

Gold $3,323.74 $(0.19) -0.01% Silver $37.09 $0.08 0.23% Platinum $1,361.92 $1.42 0.1% Palladium $1,139.04 $(4.93) -0.43%

Gold stems monthly loss before key US inflation print

Gold stems monthly loss before key US inflation print

Aug 31 (Reuters) - Gold firmed near one-month highs on Thursday to cap this month’s losses as the odds of another U.S. interest rate hike were trimmed by data earlier this week pointing to a slowing labor market, while traders keep their eyes peeled for the upcoming inflation reading.

Spot gold was up 0.1% higher at $1,944.74 per ounce by 1003 GMT, close to its Aug. 2 high of $1,948.79 hit on Wednesday. U.S. gold futures were down 0.1% to $1,971.50...[LINK]

Leave your comment