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 Americans Prioritize Summer Fun Over Financial Health, Risking Long-Term Debt READ MORE Fed's Dilemma: Is a Quarter-Point Cut Enough to Stave Off Recession? READ MORE Walmart and Target Cut Prices Amid Persistent Inflation Concerns READ MORE Currency Heat Map Provides Insight into Forex Market Dynamics READ MORE Recession Mentions in Earnings Calls Fall as Economic Outlook Improves READ MORE Add a Comment Cancel replyYour email address will not be published.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