Partially offsetting the losses from six previous sessions, gold prices have climbed sharply on Thursday as today’s data on U.S. economy is in line with expectations, lowering concerns of rate hikes. The consequential slide in U.S. Dollar Index supported the yellow metal.
Front Month Comex Gold for August month delivery has moved higher by $36.30 (or 0.91%) to $4,045.10 per troy ounce
Front Month Comex Silver for August month delivery has climbed by $0.232 (or 0.40%) to $58.540 per troy ounce
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Market Analysis
Gold Advances As U.S. Inflation Data Release Reduces Fed Rate Hike Concerns
2026-06-25 17:33:00
