Gold Falls 1% as Markets Assess Fed Signals Ahead of US Inflation Data
Spot gold fell 1.1% as investors assessed Federal Reserve signals after policymakers held rates unchanged and awaited US inflation data later in the day.
By Sukanya MitraGold prices fell 1% on Thursday as investors assessed signals from the Federal Reserve and Chair Kevin Warsh after policymakers left interest rates unchanged, while awaiting key US inflation data later in the day for further clues on the rate outlook.Spot gold TVC:GOLD slid 1.1% to…