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Gold prices stabilize amid expectations of a reduction in US interest rates
[01/07/2024 02:56]
LONDON – SABA
Gold prices stabilized in Asia in the early hours of Monday morning, supported by data showing a decline in inflation in the United States, which raised hopes that the US Federal Reserve will begin reducing interest rates this year.

Gold stabilized in spot transactions at $2,323.74 per ounce, and prices jumped more than 4 percent during the second quarter. US gold futures fell 0.3 percent to $2,333.


Brent Crude Futures Rise 12 Cents
Gold Rises Over 1 Percent
German Exports Rise 3.9 Percent
Tunisian Economy Grows 2.3 In 2Q
Gold Edges Higher Ahead of U.S. Jobs Data
Korea's Travel Account Posts Surplus for 3rd Month in Row
Oil price tops $100 a barrel
Italy budget deficit at 3 percent
Oil rises as markets assess supply risks
Italian Industrial production falls 0.6 percent

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