Bullion and peers rebound with US monetary course in limbo

25.07.2024

Gold prices inched up on Wednesday, as market participants assessed the timing and number of U.S. interest rate cuts and awaited U.S. economic data for further clarity on monetary policy.

Spot gold was up 0.2% at $2,413.63 per ounce, as of 1013 GMT. U.S. gold futures gained 0.3% to $2,414.40.

"The medium...