• +1 (312) 549-9986

Gold $4,609.33 $8.47 0.18% Silver $70.61 $1.36 1.96% Platinum $1,872.75 $21.13 1.14% Palladium $1,378.33 $28.06 2.08%

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