Gold prices rose early Wednesday as investors awaited key U.S. economic data this week for more cues on the Federal Reserve’s interest-rate trajectory.
New York futures gained 0.3% to $4,231.80 a troy ounce following a decline in the previous trading session driven by easing safe-haven demand and profit-taking.
Market participants are closely watching upcoming data, including ADP employment figures, the ISM services index, and the PCE price index.