Gold prices down $100 from record-high on uptick in US Treasury yields; Q1GDP lowers Fed rate cut hopes

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1 min read 25 Apr 2024, 10:30 PM IST Trade Now

Nikita Prasad

Gold prices today: The yellowish metal's terms is down implicit $100 from an all-time precocious of $2,431.29 scaled connected April 12.

 US golden  futures roseate  0.2 per cent astatine  $2,334.40 aft  US GDP data. .AFP PHOTO/PATRICK LINPremium Gold prices today: US golden futures roseate 0.2 per cent astatine $2,334.40 aft US GDP data. .AFP PHOTO/PATRICK LIN

Gold prices today: The yellowish metallic trimmed gains connected Thursday, April 25, arsenic US Treasury yields roseate aft gross home merchandise (GDP) information showed signs of persistent inflation, which successful turn, lowered hopes of the US Federal Reserve cutting involvement rates anytime soon.

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