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Gold Prices Stabilize Ahead Of A release Of Economic Data

Dubai – (Massader News)

Gold prices stabilized Thursday, and metal futures was trading at $ 1286.2 an ounce ahead of economic data, according to a report published by Mubasher.

The spot price of precious metal dropped to $ 1282.9 an ounce.

Investors are expecting the announcement of earnings, personal spending and jobless claims in the US today.

The data showed a slight improvement in expectations for the US economy, and the rate of growth of the US economy the fastest in 3 years in the third quarter by about 3.3%, according to Mubasher.

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