Gold price sticks to intraday losses amid modest USD uptick, holds above $2,400 mark

Gold price (XAU/USD) rallied to the $2,424-2,425 area on Thursday, or its highest level since May 22 in reaction to another tame US inflation report, which boosted expectations that the Federal Reserve (Fed) will cut interest rates in September.

Forex Pulse Detector

You May Also Like