Gold Slips as Dollar Ticks Higher, US Inflation Report in Focus
10 Articles
10 Articles
Gold slips as dollar ticks higher, US inflation report in focus
Gold prices fell on Friday amid a slight uptick in dollar, while investors awaited a key U.S. inflation report that may provide further insight into the Federal Reserve's policy trajectory. Spot gold was down 0.5% at $3,300.59 an ounce, as of 0313 GMT. Bullion is down 1.7% so far this week. U.S. gold futures fell 0.5% to $3,298.30. The dollar index rose 0.2%, making gold more expensive for overseas buyers. "Gold prices are more or less consolida…
Gold prices fell sharply in the US trading session on May 30 after the country announced inflation-related indexes.
Gold prices have declined in the US after a federal court decided to halt former President Donald Trump's "Independence Day" tariffs. Here are the current gold prices as of Friday, May 30!
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