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U.S. economy grew 1.3 percent in Q1 of 2024, significantly slower than 3.4 percent in Q4 of 2023

Brent oil futures for July delivery held steady at $83.61 per barrel

First-quarter GDP data expected to reveal resilience in the U.S. economy, impacting rate cut expectations

Fed officials say the central bank needs to wait for significant progress on inflation before cutting interest rates

Brent crude futures for July delivery rose 0.3 percent to $84.51 per barrel

Strong dollar, possible interest rate hikes are major risks to gold prices

Brent crude oil futures expiring in July edged 0.1 percent lower to $83.04 per barrel

Gold prices achieved a record high of $2,449.89 but have since lost over $100

Chinese reserve buying remains a significant tailwind, driving demand and supporting gold prices

Brent crude oil futures for July delivery fell 0.1 percent to $81.31 per barrel

Traders are currently pricing in a 73 percent chance of an interest rate cut in November

Brent crude oil futures expiring in July declined 0.7 percent to $81.35 per barrel

Gold prices held above the $2,400 key level ahead of potential interest rate cuts later this year

Brent crude oil futures expiring in July slid 0.6 percent to $82.40 per barrel

The dollar index rose 0.1 percent, making greenback-priced bullion less attractive to holders of other currencies

Brent crude futures fell 44 cents, or 0.53 percent, to $83.27 a barrel

The dollar index maintained its downward trend, declining 0.03 percent on Monday

Brent oil futures expiring in July rose 0.3 percent to $84.19 per barrel

Dollar index declined almost 0.6 percent this week, making gold more affordable for holders of other currencies

Brent crude futures for July delivery edged up 0.1 percent to $83.33 per barrel

U.S. consumer prices increased less than expected in April, which supported bullion

Brent oil futures for July delivery rose 0.5 percent to $83.17 per barrel

Decline in inflation indicators could bode well for the precious metal

Brent oil futures expiring in July rose 0.4 percent to $82.70 a barrel