Gold prices rose slightly today, in anticipation of the release of US economic data that may affect the Federal Reserve’s strategy regarding interest rates.
And gold rose 0.1 percent to 1842.37 dollars an ounce, while it is trading in a range of four dollars.
US gold futures rose 0.1 percent to $1,852.10.
Gold prices hit their highest levels since April 2022 this month, but have since lost regarding $120 following a series of economic data showed signs of resilience in the US economy and labor market scarcity, raising fears that interest rates will remain high for a longer period.
In terms of other precious metals, silver rose 0.1 percent to $21.76 an ounce, platinum rose 0.2 percent to $928.26, and palladium rose 0.2 percent to $1507.90.
