Gold rises globally amid anticipation of US economic data

Minister of Finance 3 July 2024 No Comments Blog

Gold prices rose globally during trading today, Wednesday, as markets await the release of important US economic data.

Spot gold rose 0.18% to $2,333.54 an ounce, while August futures rose 0.37% to $2,342.10 an ounce.

Markets are awaiting the minutes of the Federal Reserve's last meeting, as well as US private sector employment data and weekly US unemployment claims data.

As for other precious metals, silver futures for September delivery rose by 0.98% to $29.95, while spot platinum fell by 0.16% to $997.64 per ounce.

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