Commodities
Gold Rangebound as Investors Brace for Key US Economic Data

Gold prices were trading in a tight range today as traders remained on the sidelines ahead of key US economic data that may provide clues about the size of the Federal Reserve’s interest rate cuts expected later this year (2024).
Spot gold was flat at US$2,655.03 per ounce. Prices hit a record high of US$2,685.42 on 26 September 2024.
US gold futures gained 0.2 per cent to US$2,675.40.
Investors are watching out for the ISM services data and the initial jobless claims, due later in the day, along with the US non-farm payroll data expected tomorrow (Friday).
Spot silver fell 0.9 per cent to US$31.58, platinum shed 0.5 per cent to US$997.90 and palladium lost 1.3 per cent to US$1,001.80.
-
OER Magazines1 month ago
Dossier – ToP 25 Personalities 2025
-
Dossier1 month ago
Arabic Dossier – ToP 25 Personalities 2025
-
Alamaliktistaad Magazines1 month ago
Al-iktisaad, August 25
-
News2 months ago
xAI Open-Sources Grok 2.5, Signaling Accelerated AI Push
-
OER Magazines1 month ago
OER, August 2025
-
News2 months ago
Ooredoo Wins Silver Stevie® Award for Diversity and Inclusion Excellence
-
Entertainment1 month ago
Here’s a Complete Overview of the 2025/2026 Season at the Royal Opera House Muscat
-
News1 month ago
Sultan Center Unveils Flagship Al Hail Store, Elevating Premium Retail Experience in Oman