Gold has steadied after the morning session losses as traders await key U.S. economic and inflation data later this week that could influence the Federal Reserve's policy decision timeline.
International gold prices are edging higher as traders await key U.S. economic and inflation data later this week that could influence the Federal Reserve's policy decision timeline. The day’s support lies near 67800 with resistance close to the 69500 level.
Global gold prices are broadly flat after slipping in the previous session as the U.S. dollar firms and traders await key U.S. data for more cues on the path of inflation.
Gold has moved up as the dollar weakened in response to President Joe Biden's decision to withdraw from the 2024 presidential race, and participants looking for cues with respect to any development on the FED’s monetary policy approach.
2 min
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