Gold Prices Dip After Strong US Economic Data – Business – Gold and Currency

Gold prices retreated during the North American session, slipping 0.39% following Wednesday’s Federal Reserve rate cut and stronger-than-expected US initial jobless claims data.

XAU/USD retreated from $3,673 high to $3,643 as profit-taking follows solid US labour and manufacturing data.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *