Gabelli Funds Gold Analyst Chris Mancini in Reuters

Gold little changed with focus on Middle East conflict, US economic data

  • US Q3 GDP data due on Thursday, PCE price index on Friday
  • $2000 still on the cards if MidEast tensions escalate-analyst
  • Platinum down more than 1%

    • Gold held nearly steady on Tuesday after hitting a five-month high last week, while traders kept one eye on U.S. economic data and another on tensions in the Middle East.

    Read more here: https://www.reuters.com/markets/commodities/gold-retreats-dollar-yields-up-us-economic-data-focus-2023-10-24/