Gold prices gained on Thursday, helped by a weaker U.S. dollar and Treasury yields, as investors waited for more U.S. data to gauge the outlook for interest rates after a key inflation report dampened hopes for a larger cut in September.
Spot gold was up 0.2% at $2,452.69 per ounce, as of 0547 GMT, after prices fell the most since Aug. 6 on Wednesday.
U.S. gold futures were up 0.4% at $2,490.10.
Among other metals, spot silver gained 0.4% to $27.7 per ounce, platinum rose 1.1% to $930.00 and palladium fell 0.6% to $929.75.
Reuters
Gold prices gained on Thursday, helped by a weaker U.S. dollar and Treasury yields, as investors waited for more U.S. data to gauge the outlook for interest rates after a key inflation report dampened hopes for a larger cut in September.
Spot gold was up 0.2% at $2,452.69 per ounce, as of 0547 GMT, after prices fell the most since Aug. 6 on Wednesday.
U.S. gold futures were up 0.4% at $2,490.10.
Among other metals, spot silver gained 0.4% to $27.7 per ounce, platinum rose 1.1% to $930.00 and palladium fell 0.6% to $929.75.
Reuters
Gold prices gained on Thursday, helped by a weaker U.S. dollar and Treasury yields, as investors waited for more U.S. data to gauge the outlook for interest rates after a key inflation report dampened hopes for a larger cut in September.
Spot gold was up 0.2% at $2,452.69 per ounce, as of 0547 GMT, after prices fell the most since Aug. 6 on Wednesday.
U.S. gold futures were up 0.4% at $2,490.10.
Among other metals, spot silver gained 0.4% to $27.7 per ounce, platinum rose 1.1% to $930.00 and palladium fell 0.6% to $929.75.
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