Direct: Gold futures prices fell at the close today, Friday, with investors focusing on the US Consumer Price Index data in January, scheduled to be released next Tuesday, to build expectations about when the Federal Reserve will cut interest rates.
Gold futures prices for April delivery fell by 0.45%, or $9.2, at $2,038.7 per ounce, after touching $2,051.9, with the yellow metal recording weekly losses of 0.75%.
While the value of the dollar index – which measures the performance of the US currency against a basket of six major currencies – decreased by 0.1% to 104.06 points.
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2024-02-09 19:53:31
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