Gold holds steady as investors await key US economic data
From brecorder.com
Gold prices held steady on Thursday as investors awaited key US economic data for further insights into Federal Reserve policy, with a slightly weaker dollar lending some support to bullion. Spot gold was steady at $3,734.04 per ounce, as of 0202 GMT. US gold futures for December delivery were unchanged at $3,765.20. The US dollar index fell 0.1%, making greenback-priced bullion less expensive for overseas buyers. San Francisco Federal Reserve Bank President Mary Daly said on Wednesday she “fully supported” the decision by the Fed to cut its policy rate last week and expects further reductions ahead. “The move may ...
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