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Gold ticks down on firmer dollar, easing banking fears
Gold ticks down on firmer dollar, easing banking fears
Gold prices retreated slightly on Thursday as the US dollar strengthened, reducing interest in safe-haven assets. Spot gold declined 0.2% to $1,960.68 per ounce while US gold futures were down 0.3% at $1,962.10. Investors are eagerly awaiting the latest US Personal Consumption Expenditures data, the Federal Reserve's preferred inflation measure, on Friday to gain further indications of the bank's monetary policy
Gold prices retreated slightly on Thursday as the US dollar strengthened, reducing interest in safe-haven assets. Spot gold declined 0.2% to $1,960.68 per ounce while US gold futures were down 0.3% at $1,962.10. Investors are eagerly awaiting the latest US Personal Consumption Expenditures data, the Federal Reserve's preferred inflation measure, on Friday to gain further indications of the bank's monetary policy
Gold prices retreated slightly on Thursday as the US dollar strengthened, reducing interest in safe-haven assets. Spot gold declined 0.2% to $1,960.68 per ounce while US gold futures were down 0.3% at $1,962.10. Investors are eagerly awaiting the latest US Personal Consumption Expenditures data, the Federal Reserve's preferred inflation measure, on Friday to gain further indications of the bank's monetary policy 
