Gold ticks lower ahead of US data

27/06/2024 Argaam
Gold bars

Gold bars

Gold prices declined marginally on Thursday after hitting their lowest level since April 2 on Wednesday. Investors are anticipating the final Q1 2024 GDP report today.

 

Gold futures for August delivery edged up 0.11% to $2,310.70 per ounce at 9:39 am Makkah time.

 

Gold spot prices also rose 0.11%, or $2.54, to $2,300.77 per ounce.

 

Meanwhile, silver futures for September delivery declined 0.69% to $29.055. Platinum spot prices also fell 0.76% to $1,006.83.

 

Analysts expect the US GDP for Q1 2024 to increase by 1.4% YoY, compared with previous reading of 1.3%.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.