Gold holds ground as investors await US data for further clues
- Posted on October 1, 2024
- By Business News Today
- 2 Views
Gold holds ground as investors await US data for further clues
Gold prices steadied on Tuesday following a near 1% decline as investors awaited U.S. economic data for rate cut indications. Fed chair Jerome Powell expects two rate cuts this year amid geopolitical tensions and ongoing U.S. economic evaluations, with Goldman Sachs raising gold forecasts for 2025.
