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Gold $3,301.82 $(17.05) -0.51% Silver $32.67 $(0.14) -0.43% Platinum $971.90 $(7.1) -0.73% Palladium $947.15 $13.4 1.44%

Gold hits 4-week peak as Fed seen nearing end of rate hikes

Gold hits 4-week peak as Fed seen nearing end of rate hikes

July 13 (Reuters) - Gold prices climbed to their highest in about a month on Thursday on a weaker dollar after U.S. inflation data raised investor hopes that the Federal Reserve would soon stop tightening its monetary policy.

Spot gold was up 0.1% at $1,958.99 per ounce by 1040 GMT, its highest since June 16. U.S. gold futures also rose 0.1% to $1,962.90...[LINK]

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