2024-10-08 03:00
Gold flat as markets await Fed minutes
Gold prices were flat in early Asian hours on Tuesday as market participants awaited minutes of the U.S. Federal Reserve's last meeting and more economic data for further clarity on policy easing this year.FUNDAMENTALS* Spot gold was little changed at $2,643.68 per ounce, as of 0013 GMT. U.S. gold futures fell 0.1% to $2,662.90.* Markets are awaiting minutes of the Fed's last policy meeting due on Wednesday, followed by the U.S. Consumer Price Index (CPI) report on Thursday and the Producer Price Index (PPI) data on Friday. A slew of Fed officials are also speaking this week.* After...

https://www.emirates247.com/business/gold-currency/gold-flat-as-markets-await-fed-minutes-2024-10-08-1.734300

#emirates247