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Gold holds steady as focus shifts to ECB, investors eye rate cuts


Thursday, 25 July 2019 17:07 WIB

GOLDEMAS Spot Emas


Gold held steady on Thursday in cautious trading before a European Central Bank meeting where the bank is expected to provide clarity on its stance on monetary policy easing amid tepid economic data from the region.

Spot gold rose 0.1% to $1,426.76 per ounce by 09:30 GMT. Prices were short of last week’s peak at $1,452.60.

Meanwhile, U.S. gold futures rose 0.2% to $1,427 per ounce.

Platinum inched higher 0.8% to $882.30, while palladium edged down slightly to $1,539.08.

Source : Reuters


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