Gold Prices Inch Higher as Markets Await US Economic Cues
Gold prices continued their upward trend on Thursday, with spot gold rising 0.39% to $2,634.15 per ounce and US gold futures increasing by 0.2% to $2,646.30 per ounce as of 0255 GMT. Traders are closely monitoring the US Federal Reserve’s interest rate plans and President-elect Donald Trump’s upcoming policies for clarity on economic direction.