Reported about 22 hours ago
Gold prices have edged higher as investors anticipate critical US economic data and the Federal Reserve's upcoming meeting on December 18. With expectations of a possible interest rate cut, many are watching nonfarm payroll figures due on Friday, which will indicate the economic health of the nation. Despite a recent decline due to a strengthened dollar, gold remains up over 28% this year, supported by monetary easing and central bank purchases. Ongoing geopolitical tensions are also seen as a factor maintaining gold’s value.
Source: YAHOO