Gold holds below record high ahead of US data

  • Posted on October 17, 2024
  • By Business News Today
  • 2 Views
Gold holds below record high ahead of US data

Gold prices remain steady below record highs as investors anticipate key U.S. economic data for insights on Federal Reserve's rate cuts. Spot gold stood at $2,674.96 per ounce. U.S. retail sales, industrial production, and jobless claims data are awaited. Lower interest rates and geopolitical tensions typically enhance bullion's attractiveness.
continue reading...

Author
Business News Today

You May Also Like