Gold prices lingers near two-week low ahead of US inflation data

Singapore, June 27 (BNA):  Gold prices steadied on Thursday after falling to a two-week low in the previous session, while investors awaited U.S. inflation data for insights into how soon the Federal Reserve will cut interest rates.

 

Spot gold was unchanged at $2,298.76 per ounce, as of 0520 GMT. Bullion fell to its lowest since June 10 on Wednesday, Reuters reported.


U.S. gold futures shed 0.2% to $2,309.30.


Spot silver fell 0.1% to $28.73, platinum was down 0.6% to $1,006.20, while palladium lost 0.6% to $922.84.



M.I.






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