Gold edges higher as dollar weakens; traders await U.S. data

Written by 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 . . .



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