U.S. sanctions spur central banks' move towards gold -analyst
U.S. nonfarm payrolls report due on Friday
Palladium hit its highest since mid-April on Wednesday
Gold prices were little changed on Thursday near a two-week high after softer-than-expected U.S. economic data spurred hopes of interest rate cuts as early as September and focus shifting to non-farm payrolls data.
Spot gold
GOLD
was unchanged at $2,357.78 per ounce, as of 0959 GMT after prices hit their highest level since June 21 on Wednesday. U.S. gold futures
GOLD
were down 0.1% at $2,366.20.
U.S. nonfarm payrolls report due on Friday
Palladium hit its highest since mid-April on Wednesday
Gold prices were little changed on Thursday near a two-week high after softer-than-expected U.S. economic data spurred hopes of interest rate cuts as early as September and focus shifting to non-farm payrolls data.
Spot gold
GOLD
was unchanged at $2,357.78 per ounce, as of 0959 GMT after prices hit their highest level since June 21 on Wednesday. U.S. gold futures
GOLD
were down 0.1% at $2,366.20.
• Forex, Indices & Crypto
• Daily setups 0-8 (depends on market conditions)
• 7+ years of experience ( 3 traders🇺🇸🇮🇳🏴 )
• Passing Prop Firms
• Daily setups 0-8 (depends on market conditions)
• 7+ years of experience ( 3 traders🇺🇸🇮🇳🏴 )
• Passing Prop Firms