Gold holds steady

Gold prices steadied on Tuesday after hitting a one-week low in the previous session, as the dollar weakened slightly ahead of U.S. inflation data that could offer clues about the likely timing of policy tightening by the Federal Reserve.

Spot gold XAU= rose 0.1% to $1,807.22 per ounce by 0120 GMT. It fell to its lowest level since July 6 of $1,790.49 on Monday.

U.S. gold futures GCv1 were up 0.1% to $1,808.1.

KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
KEFI Gold and Copper

More articles like this

Gold surge signals deepening doubts in the dollar

As gold prices shatter records and global central banks quietly shift their reserves, investors are seeing more than just a rally in precious metals—they’re witnessing a growing global scepticism about the future of the US dollar.

KEFI Gold and Copper

Gold soars to new heights

Gold prices surged past previous records on Monday, driven by a wave of safe-haven demand following fresh tariff threats from U.S. President Donald Trump. As global trade tensions escalate, investors are piling into the precious metal,