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Gold Prices Stabilize Ahead Of A release Of Economic Data

Dubai – (Massader News)

Gold prices settled on Tuesday, and gold futures reached at $ 1277.2 an ounce ahead of the release of economic data, according to a report published by Mubasher.

The spot delivery price for the precious metal was $ 1276.8 per ounce.

The Labor Cost and Consumer Confidence data and the Chicago Purchasing Managers’ Index are expected to be released today, as the Federal Reserve will hold its meeting tomorrow, with expectations that interest rates will remain unchanged, according to Mubasher..

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