Gold eyes second weekly gain on gradually easing US inflation
Fri, Mar 1, 2024 8:22 AM

Gold eyes second weekly gain on gradually easing US inflation

A Flip by Riya Sharma
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Gold prices firmed near month-high levels on Friday and were set for a second weekly rise after data showed that U.S. inflation was gradually easing, while traders turned their focus to remarks from a slew of Federal Reserve officials. FUNDAMENTALS * Spot gold was steady at $2,043.98 per ounce, as of 0150 GMT, after hitting $2050.59 on Thursday - its highest level since Feb.

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