Gold Gives Up Record Levels

  • International
  • 22 August 2024
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Gold prices fell on Thursday, giving up all-time highs hit earlier this week, amid a stronger dollar ahead of the publication of U.S. jobs data and Federal Reserve Chairman's speech that may provide more clues on interest rate expectations.

Spot gold fell 0.5 percent to $2,500.65 an ounce, trading below Tuesday's all-time high of $2,531.60. U.S. gold futures fell 0.4 percent to $2,537.10.

Source (Al Arabiya.net Website, Edited)