Gold enter 2024 under pressure from the rising dollar, but remain stable thanks to expectations that the US Federal Reserve (Fed) will lower interest rates this year and growing concerns about attacks. involved in shipping activities in the Red Sea.
At the end of the trading session on January 2, the spot gold contract stabilized at 2,061.59 USD/oz, after increasing by 0.8% at the beginning of the session. Gold futures contracts retreated 0.1% to 2,070.30 USD/oz.
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