Gold Prices Fall as Traders Anticipate US Economic Indicators

Reported 3 days ago

Gold prices saw a decline of 0.3% to $2,654 an ounce as traders await critical US economic data which could influence interest rate predictions for the upcoming year. Growing concerns over stock market volatility and recent deadly attacks in the US have heightened market anxiety ahead of Donald Trump's return to the White House. Despite a strong performance last year, gold prices are expected to rise more slowly in 2025 according to the World Gold Council, influenced by factors such as economic growth and inflation.

Source: YAHOO

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