Gold futures slip barely amid low vacation buying and selling volumes. Futures fell 0.1% to $2,626.10 a troy ounce.
Lingering pessimism concerning the tempo of U.S. rate of interest cuts in 2025 has prevented the dear steel from benefiting from weak financial information, says Samer Hasn of XS.com in a be aware.
Larger charges for an extended time frame typically suppress investor demand for non-yielding gold. Weak exercise within the futures market and from institutional buyers within the run-up to the vacation season noticed the dear steel try to realize floor early within the session, earlier than reversing course.
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