Soft U.S. Data Pushes Gold to Two-Week High Gold prices reached a two-week high on Thursday due to weak U.S. economic data boosting expectations of Fed rate cuts later this year, along with global election uncertainties. Spot gold rose 0.3% to $2,333.69 per ounce, while U.S. gold futures remained steady at $2,347.30. Market expectations of the Fed’s policy shift and persistent geopolitical tensions continue to support gold. Analysts maintain a positive outlook, targeting $2,500 per ounce by the end of 2024. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts ZeroHedge: UK Inflation Comes Out Lower. But Was This Just the Warm Up? READ MORE Biden Has Forgiven $136 Billion in Student Debt – More Could Be on the Way READ MORE Leading Economic Index No Longer Predicts U.S. Recession -Conference Board READ MORE How One Man’s Wealth Upended Markets from Africa to Asia READ MORE Dramatic Fluctuations for Yen as It Struggles Against Dollar Surge READ MORE Add a Comment Cancel replyYour email address will not be published.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