Dollar's Decline Fuels Gold's Advance; All Eyes on U.S. Economic Data Gold prices experienced a notable increase on Thursday, primarily driven by a declining U.S. dollar. Investors are now closely monitoring upcoming U.S. economic data, which could provide significant insights into the Federal Reserve’s future interest rate decisions. As of midday in London, spot gold climbed 0.6% to reach $2,328.61 per ounce. Meanwhile, U.S. gold futures saw a modest rise of 0.1%, settling at $2,341.00 per ounce. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The 'Cash Trap': High Interest Rates Lure Investors, but for How Long? READ MORE LBMA Releases Precious Metals Market Report: Q4 2023 READ MORE U.S. Economic Growth Hits 3.2% in Q4, Marking Six Quarters of Sustained Expansion READ MORE China's Bond Market Flashing Warning Signs READ MORE Gold and Silver: Preppers' Choice for Weathering Uncertainty READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment