Gold rebounds towards 10-week high as markets brace for US CPI data
Gold rose nearly 1% on Wednesday , supported by reduced bets on Federal Reserve tightening next month as investors awaited key US inflation data that could reshape policy expectations. Spot gold gained 0.9% to $4,406.34 per ounce by 0330 GMT. US gold futures for December delivery rose 0.6% to $4,466.70. Bullion climbed to a 10-week high on Tuesday before hitting technical resistance at the…
We haven't written up this one. Business Recorder has the full story — the link below goes straight to it.
This story
This is one outlet's version. Read the fullest account.
- India Gold price today: Gold rises, according to FXStreet data fxstreet.com
- Gold hits N220,000/g in Nigeria as traders await US inflation data nairametrics.com
- Gold rebounds towards 10-week high as markets brace for US CPI data thehindubusinessline.com
- Gold rebounds towards 10-week high as markets brace for US inflation data dawn.com
