WORLD CAPITAL, 24th January, 2024 (WAM) -- Gold prices inched lower on Wednesday as strong US economic data doused hopes for early interest rate cuts by the Federal Reserve, while investors awaited a slew of economic reports this week, Reuters said.
Spot gold fell 0.3% to $2,023.69 per ounce by 0537 GMT. Also, US gold futures dipped 0.1% to $2,024.50.
Spot silver dipped 0.3% to $22.38 per ounce, platinum was unchanged at $900.36, and palladium fell 0.7% to $941.74.