Gold Prices Stabilize as Focus Turns to Upcoming US Economic Indicators Gold prices remained stable on Wednesday, as diminished risk premiums related to Middle East tensions were counterbalanced by the market’s anticipation of upcoming U.S. economic data. This data is expected to provide key insights into the Federal Reserve’s future interest rate decisions. Spot gold closed flat at $2,322.09 per ounce by mid-afternoon, maintaining its position after dropping to its lowest level since April 5 in the previous session. Meanwhile, U.S. gold futures saw a slight decline, settling 0.2% lower at $2,338.40. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Bullish Forecast: One Wall St Analyst Says Dow to Hit 100,000 Amid AI-Driven Market Surge READ MORE 30-Year Fixed Mortgage Back Near 7% READ MORE President Biden Announces Plans for Student Debt Relief for Over 30 Million Americans READ MORE Consumer Confidence Dips: Retail Sales See Unexpected Decline in January READ MORE Fed's Daly: Cooling Inflation May Warrant One or Two Rate Cuts in 2024 READ MORE Add a Comment Cancel replyYour email address will not be published.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