Scattered Clouds
clouds

18 April 2024

Amman

Thursday

71.6 F

22°

Home / Business

Gold steadies as investors await US payroll data for Fed policy clues

03-07-2025 11:31 AM


Ammon News - Gold prices were little changed on Thursday as investors held back from making significant bets, awaiting U.S. payroll data later in the day for insight into the Federal Reserve's policy direction.

Spot gold held steady at $3,357.96 per ounce as of 0601 GMT, while U.S. gold futures edged up 0.2% to $3,369.10.

Non-yielding gold tends to perform well during economic uncertainty and in a low-interest-rate environment.

Spot silver edged up 0.2% to $36.66 per ounce, platinum lost 1.1% to $1,402.66 and palladium shed 1.3% to $1,140. Reuters




No comments

Notice
All comments are reviewed and posted only if approved.
Ammon News reserves the right to delete any comment at any time, and for any reason, and will not publish any comment containing offense or deviating from the subject at hand, or to include the names of any personalities or to stir up sectarian, sectarian or racial strife, hoping to adhere to a high level of the comments as they express The extent of the progress and culture of Ammon News' visitors, noting that the comments are expressed only by the owners.
name : *
email
show email
comment : *
Verification code : Refresh
write code :