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Gold inches higher as dollar softens, focus shifts to US economic data

Gold prices edged higher on Thursday as the dollar weakened, with investors focusing on upcoming U.S. economic data for clues on interest rates. Federal Reserve Chair Jerome Powell warned of the risks of persistent inflation due to Trump's tariffs. Markets are anticipating Fed rate cuts by the end of the year.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14848295/Gold-inches-higher-dollar-softens-focus-shifts-US-economic-data.html
Source Id: 2025-06-759505179

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