Gold increases slightly

Gold increases slightly Gold prices are demonstrating a slight growth on Tuesday morning, going further away from $1,900 per troy ounce, in anticipation of new macroeconomic data, such as the dynamics of the GDP in the United States.
Finance
January 24, 2023 09:26
Gold increases slightly

Gold prices are demonstrating a slight growth on Tuesday morning, going further away from $1,900 per troy ounce, in anticipation of new macroeconomic data, such as the dynamics of the GDP in the United States.

Report informs, citing the exchange data, that the price of the February futures for gold at New York's Comex grew by $4.7 or 0.24% to $1,933.3 per troy ounce.

The March futures for silver grew 0.27% to $23.617 per ounce.

The US GDP statistics expected to be released on Thursday may become an important factor for the market of gold. Analysts suppose that the country's economic growth slowed down to 2.8% in Q4 year-on-year after growing 3.2% the previous quarter.

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