Gold Gains Ground as Investors Eye US Data for Fed Clues

July 23, 2024, 10.56 PM | Source: Reuters
Gold Gains Ground as Investors Eye US Data for Fed Clues

ILUSTRASI. One kilo gold bars are pictured at the plant of gold and silver refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland. Gold prices edged up on Tuesday, set to break a four-day losing streak.

GOLD - NEW YORK. Gold prices edged up on Tuesday, set to break a four-day losing streak, as investors awaited U.S. economic data due later this week for more clarity on the timing of the Federal Reserve's expected rate cut this year.

Spot gold was up 0.2% at $2,402.39 per ounce at 1415 GMT. U.S. gold futures gained 0.4% to $2,403.40.

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