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You are here: Home / Top Stories / Metals Stocks: Gold prices end slightly lower after Fitch strips U.S. government of top-tier credit rating

Metals Stocks: Gold prices end slightly lower after Fitch strips U.S. government of top-tier credit rating

August 2, 2023 by MarketWatch.com - Top Stories

Gold and silver futures settled slightly lower on Wednesday after Fitch Ratings lowered the U.S. government’s credit rating Tuesday evening, following its warning it may do so earlier this year in the wake of the debt-ceiling fight in Congress, while the latest report shows the U.S. economy sees robust gain in private-sector jobs in July, according to private payrolls processor ADP.

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