Gold Falls Amid Anticipation of US Data for Clues on the Path of Interest Rates

  • International
  • 9 January 2025
1

Gold prices fell on Thursday after reaching the highest level in nearly four weeks in the previous session, amid anticipation of the jobs report, in search of indications about the path that the US Federal Reserve will follow on interest rates in 2025.

Spot gold fell 0.1 percent to $2,659.62 an (ounce), while U.S. gold futures rose 0.2 percent to $2,678.30.

Among other precious metals, spot silver settled at $30.12 an ounce, platinum fell 0.3 percent to $952.95, and palladium fell 0.2 percent to $926.50.

Source (CNBC Arabia Website, Edited)

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