Gold edges higher as dollar weakens; traders await U.S. data
Written by Black Hot Fire Network on January 24, 2023
Chris Ratcliffe | Bloomberg | Getty Images
Gold prices edged up on Tuesday as the dollar weakened, while investors awaited U.S. economic data amid hopes of slower interest rate hikes by the Federal Reserve.
Spot gold rose 0.2% to $1,935.69 per ounce, as of 02:08 GMT. U.S. gold futures were up 0.4% at $1,936.00.
The dollar index dipped . . .