[Thu, 15 Aug 2024 20:23:07 +0300]

SINGAPORE August 15. 2024 (Saba) -Gold prices rose on Thursday, supported by a weaker dollar and U.S. Treasury yields as investors awaited more U.S. data to update their outlook, after a key inflation report dampened hopes for a deeper interest rate cut in September.

Spot gold rose 0.2 percent to $2,452.69 an ounce, after prices posted their biggest drop since Aug. 6 on Wednesday. U.S. gold futures rose 0.4 percent to $2,490.10.

M.M

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