-+ 0.00%
-+ 0.00%
-+ 0.00%
Gold rose slightly in early Asian trading, as investors await US inflation data to find clues about the Federal Reserve's policy path. Tony Sage, CEO of Critical Metals, said in a report that stronger data could reinforce tighter policies and put further pressure on gold. He added, on the other hand, the weaker results may provide some relief. Interest rate cuts usually benefit unyielding gold. Spot gold rose 0.2% to $4,380.12 an ounce.
Share
Listen to the news
Gold rose slightly in early Asian trading, as investors await US inflation data to find clues about the Federal Reserve's policy path. Tony Sage, CEO of Critical Metals, said in a report that stronger data could reinforce tighter policies and put further pressure on gold. He added, on the other hand, the weaker results may provide some relief. Interest rate cuts usually benefit unyielding gold. Spot gold rose 0.2% to $4,380.12 an ounce.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending