Gold drifts higher on Mideast tensions, US rate outlook
Prices of safe-haven gold edged higher on Thursday, supported by Middle East tensions and optimism surrounding U.S. rate cuts, while traders awaited economic data for clues on the Federal Reserve's policy trajectory.
Spot gold was up 0.3% at $2,389.42 per ounce, as of 0331 GMT. U.S. gold futures slipped 0.2% to $2,428.40.
Spot silver rose nearly 1% to $26.84 per ounce, platinum edged 0.1% up to $920.40 and palladium gained 1.2% to $892.75.
Reuters
Prices of safe-haven gold edged higher on Thursday, supported by Middle East tensions and optimism surrounding U.S. rate cuts, while traders awaited economic data for clues on the Federal Reserve's policy trajectory.
Spot gold was up 0.3% at $2,389.42 per ounce, as of 0331 GMT. U.S. gold futures slipped 0.2% to $2,428.40.
Spot silver rose nearly 1% to $26.84 per ounce, platinum edged 0.1% up to $920.40 and palladium gained 1.2% to $892.75.
Reuters
Prices of safe-haven gold edged higher on Thursday, supported by Middle East tensions and optimism surrounding U.S. rate cuts, while traders awaited economic data for clues on the Federal Reserve's policy trajectory.
Spot gold was up 0.3% at $2,389.42 per ounce, as of 0331 GMT. U.S. gold futures slipped 0.2% to $2,428.40.
Spot silver rose nearly 1% to $26.84 per ounce, platinum edged 0.1% up to $920.40 and palladium gained 1.2% to $892.75.
Reuters
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Gold drifts higher on Mideast tensions, US rate outlook
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