markets · · Reuters

Gold supported by softer dollar as traders await U.S. data

A pullback in the dollar helped gold recover, while investors looked to incoming U.S. data for clues on the path of rates.

Gold supported by softer dollar as traders await U.S. data

Bullion drew support from a softer greenback, but sentiment remained sensitive to macro releases. Analysts said weaker data could revive expectations for policy easing, while stronger numbers might cap gains in gold.

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  • #Dollar
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