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Gold slips after touching two-week peak

July 07, 2026 / 9:29 AM
Gold slips after touching two-week peak
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Sharjah24 - WAM: Gold prices edged lower on Tuesday after climbing to a two-week high, with investors awaiting the US Federal Reserve's June meeting minutes for insight into new Chair Kevin Warsh's monetary policy direction.

Spot gold declined 0.6% to $4,138.32 per ounce by 0232 GMT, while US gold futures for August delivery slipped 0.4% to $4,149.90.

Elsewhere, spot silver slipped 1 percent to $61.48 per ounce, platinum eased 0.1 percent to $1,629.46, while palladium rose 0.4 percent to $1,272.85.

July 07, 2026 / 9:29 AM

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