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 SEC Chair Gensler Advocates for Accelerated Settlement in Currency Markets READ MORE McDonald’s $5 Meal Deal Highlights Inflation Battle READ MORE ETFs See Unprecedented July Inflows as Markets Anticipate Fed Action READ MORE Gold Prices Stable Amid Rate Cut Expectations READ MORE Japan's Central Bank Shifts Gears: Interest Rates Up, Bond Purchases Down READ MORE Add a Comment Cancel replyYour email address will not be published.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