Gold Edges Up on Softer Dollar, Focus on Trump Tariffs

January 30, 2025, 04.38 PM
Source: ReutersEditor: Herlina Kartika Dewi

GOLD - SINGAPORE. Gold edged higher on Thursday on a softer dollar, while investors focused on U.S. President Donald Trump's tariff plans and a key inflation report for further monetary policy cues.

Spot gold was up 0.4% at $2,770.45 per ounce, as of 0818 GMT. U.S. gold futures climbed 0.6% to $2,785.10. The premium over spot rates was at $14.

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