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Gold Inches Down as Dollar Firms, Focus on U.S. Inflation Data

Summary by CNBC

Gold prices edged lower on Thursday, weighed down by a firmer dollar as investors looked forward to key U.S. inflation data due later this week.

7 Articles

CNBC

Center

Gold inches down as dollar firms, focus on U.S. inflation data

Gold prices edged lower on Thursday, weighed down by a firmer dollar as investors looked forward to key U.S. inflation data due later this week.

20 hours ago·United States

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Business Times

Gold eases as dollar firms, focus on US inflation data

Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week

23 hours ago

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Globo

Gold Closes Lower for Second Straight Day Amid Profit-Taking

Precious metal futures fell 1.06% to US$4,065.4 per troy ounce.

1 day ago·Brazil

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FXStreet

Gold extends losses ahead of key US inflation report

Gold price slides over 1.50% on Wednesday after plummeting more than 5% on Tuesday in its biggest daily loss in five years as traders brace for the release of the latest inflation report in the United States (US). At the time of writing, XAU/USD trades at $4,050 after reaching a high of $4,161.

1 day ago

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Kitco NEWS

Gold extends fall as investors book profits ahead of US inflation data

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

1 day ago

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cedarnews.net

Gold Continues to Decline Amid Profit-Taking and Anticipation of Us Inflation Data.

This article was first published on Cedarnews.net. For more exclusive news and reports, visit our website. Gold prices continued to decline on Wednesday, amid profit-taking after the precious metal's record highs in recent days. This comes as investors await the release of US inflation data this week, which may determine the path of interest rate cuts by the Federal Reserve. According to spot trading, the price of gold fell today by 0.3% to… Thi…

2 days ago

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