Publisher: Maaal International Media Company
License: 465734
Tuesday, 29 April 2025
Gold prices fall 0.3% on dollar strength
Gold prices fell on Thursday, pressured by a stronger dollar, as investors assessed economic data suggesting the Federal Reserve may take a more cautious approach to interest rate cuts.
Spot gold fell 0.3% to $2,627.60 an ounce.
US gold futures fell 0.5% to $2,627.00.
As for other precious metals, silver fell about 1% to $29.78 an ounce, platinum fell 0.1% to $928.05, while palladium was steady at $972.75.
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