Metals

Metals

Date : 2023-08-03
Time : 10:00:00
Metals
  • Gold prices edged lower on Thursday and were nursing steep losses for the week as signs of a resilient U.S. economy and job market pushed up fears of rising interest rates.
  • The yellow metal slid nearly $30 over the past two days, with December futures pulling further away from the key $2,000 an ounce level as data showed that private payrolls grew substantially more than expected in July. 
  • The yellow metal slid nearly $30 over the past two days, with December futures pulling further away from the key $2,000 an ounce level as data showed that private payrolls grew substantially more than expected in July. 
  • Copper futures were flat at $3.8468 a pound, after tumbling 4% in the last three sessions. 

 

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