Gold Prices Stall in Tight Range, Eye Key US Economic Data

Gold prices edged higher on Wednesday but remained stuck in a narrow range as investors looked ahead to US economic data for more clarity on the Federal Reserve’s interest rate path. Investors’ focus this week will be on US GDP data due out on Thursday and the PCE report due out on Friday. Gold and

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Gold Strengthens as Dollar Retreats, US Inflation Data Looms

Gold prices stabilized during trading today, Wednesday, after climbing to record highs last week, as demand for safe haven assets fueled by geopolitical risks in the Middle East partially offset pressure from a stronger US dollar and Treasury yields. The dollar settled near a five-month high, making the dollar-denominated yellow metal less attractive to holders

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