Gold price today: Bullion slips from record highs as dollar firms and U.S. inflation data looms
Spot gold fell 0.3% to $4,824.18 an ounce Thursday after hitting a record high the previous day, as easing U.S.-Greenland tariff tensions boosted risk appetite. Traders are watching U.S. PCE inflation and jobless claims for signals on interest rates. Goldman Sachs raised its 2026 gold forecast to $5,400 an ounce, citing strong private and central bank demand.