Gold Hovers Near Record High ahead of Key Economic Data

Industry


Gold prices lingered near record highs on Tuesday, while investors awaited key economic data for clues on the US Federal Reserve’s interest rate trajectory.

Spot gold was up 0.5% at $2,755.42 per ounce. Prices hit a record high of $2,758.37 last Wednesday.

US gold futures gained 0.4% to $2,768.10.

Spot silver was up 1.2% at $34.0875 per ounce, palladium rose 1.4% to $1,047.05, and platinum added 0.8% to $1,228.00.

Source: Qatar News Agency