Gold prices inch lower as US inflation data looms

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Home Business Gold prices inch lower as US inflation data looms 14-08-2024 09:29 AM Ammon News - Gold prices edged lower on Wednesday as investors remained on the sidelines ahead of a key U.S. inflation report later in the day that could set the tone for the Federal Reserve's September policy meeting. Spot gold eased 0.2% to $2,460.89 per ounce by 0537 GMT. Prices had hit a record high of $2,483.60 last month. U.S. gold futures edged 0.3% lower to $2,500.10. Spot silver fell 0.4% to $27.73 and platinum shed 0.5% to $931.50. Palladium was up 0.3% at $941.00 after hitting its highest level since July 24 in the previous session. Reuters

Home Business

Gold prices inch lower as US inflation data looms

14-08-2024 09:29 AM

Ammon News -
Gold prices edged lower on Wednesday as investors remained on the sidelines ahead of a key U.S. inflation report later in the day that could set the tone for the Federal Reserve's September policy meeting.

Spot gold eased 0.2% to $2,460.89 per ounce by 0537 GMT. Prices had hit a record high of $2,483.60 last month.
U.S. gold futures edged 0.3% lower to $2,500.10.

Spot silver fell 0.4% to $27.73 and platinum shed 0.5% to $931.50.

Palladium was up 0.3% at $941.00 after hitting its highest level since July 24 in the previous session.

Reuters

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