News
26 July 2024

Gold rises after sharp sell-off, focus shifts to US inflation data

In:
Metals and Mining
Region:
Americas

Gold prices regained some ground on Friday after falling sharply in the previous session, ahead of key U.S. inflation data that could offer more cues on when interest rate cuts will start.Spot gold rose 0.3% to $2,370.5 per ounce by 1110 GMT, but was down 1% so far this week. Prices had hit their...

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