Gold Inches Higher with Eyes on Major U.S. Economic Reports Gold prices inched up on Monday as investors anticipated key U.S. economic reports this week for insights into the economy’s health, following an inflation report that hinted at possible Fed rate cuts in 2024. Spot gold rose 0.3% to $2,332.91 per ounce, and U.S. gold futures increased by 0.3% to $2,353.40. The market is focused on upcoming data, including the ISM PMI reading, ADP employment report, and non-farm payrolls, to see if it indicates a soft landing for the U.S. economy. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed's Goolsbee Signals Readiness for Rate Cuts as Inflation Eases READ MORE Gold Prices Poised for Weekly Gain Ahead of Fed Decision Catalyst READ MORE CNA- Money Mind: What's Driving Up Gold Prices Despite A Strong US Dollar & Stock Market? READ MORE Gold Market Holds Breath: Powell Speech and Payrolls Report in Focus READ MORE Biden Administration Blames GOP for Blocking Inflation-Fighting Measures READ MORE Add a Comment Cancel replyYour email address will not be published.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