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economictimes.indiatimes.com / 1 year ago
foxbusiness.com / 1 year ago
Gold holds below record high ahead of US data
Gold prices held below record levels on Thursday as investors looked forward to a slew of U.S. economic data that could offer more clues on the Federal Reserve's monetary easing path.
FUNDAMENTALS
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-114298307»> * Spot gold was little changed at $2,674.96 per ounce, as of 0025 GMT. Prices rose to a session high of $2,685.16 on Wednesday, shy of the record $2,685.42 scaled on Sept. 26.
* U.S. gold futures were flat at $2,690.40.
* Market participants were awaiting U.S. retail sales and industrial production data for September and weekly jobless claims data, due later in the day.
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