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Gold Futures Settle Higher Ahead Of Fed Minutes

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Gold futures settled higher on Tuesday despite the dollar climbing ahead of the release of the minutes of the Federal Reserve's most recent policy meeting.

The minutes may shed additional light on the outlook for interest rates.

The dollar index climbed to 103.66, gaining more than 0.2%.

Gold futures for December ended higher by $21.30 at $2,001.60 an ounce.

Silver futures for December ended up $0.255 at $23.869 an ounce, while Copper futures for December settled at $3.8125 per pound, down $0.0015 from the previous close.

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Market Analysis

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.