Gold Prices Dip as Market Awaits Economic Data

Gold prices retreated on January 6, 2025, as investors anticipated key economic indicators. Spot gold fell 0.3% to $2,632.47 per ounce, while February gold futures dropped 0.4% to $2,644.50 on the Comex division of the New York Mercantile Exchange. Rising U.S. Treasury yields pressured gold prices. The 10-year Treasury yield reached a one-week high, making […]