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On Thursday (July 6), international gold prices rebounded, covering part of the overnight decline, and may rebound to $1,925 in the short term.
Investors awaited new economic data that could influence the Fed‘s policy trajectory even as minutes from the Fed’s June meeting suggested that interest rates could remain elevated for longer.
Spot gold rose 0.27% to $1919.96 an ounce; the main COMEX gold futures contract fell 0.04% to $1926.4 an ounce; the U.S. dollar index fell 0.12% to 103.232.
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