Gold Makes Modest Gains from Recent Losses, Investors Await US Economic Data
The price of gold recovered modestly on Tuesday to claw out of the near two-month low it had sunk to during the previous trading sessions. Investors are currently studying the Middle East situation while also watching out for a number of economic data releases that are due in the U.S. starting Tuesday afternoon. In early trading, spot gold was priced at $4,143.8 an ounce, a gain of 0.7% from Monday’s closing price. Gold futures in the U.S. were priced at $4,175.1 an ounce, a gain of 0.2%. Exness’ market strategist Christopher Tahir says the market for precious metals will be…