Gold Hovers Near 1-Month Low Ahead Of US Data
Date
11/12/2024 3:02:25 PM
(MENAFN- The Peninsula)
QNA
Singapore: Gold ticked up on Tuesday but hovered near a one-month low, while investors awaited US economic data and comments from federal Reserve officials for further clarity on the interest rate trajectory.
Spot gold rose 0.2% at $2,624.17 per ounce, after hitting its lowest since Oct. 10 on Monday. US gold futures rose 0.5% to $2,630.10.
Spot silver was little changed at $30.70 per ounce, platinum lost 0.2% to $962.80 and palladium was flat at $980.34.
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