• +1 (312) 549-9986

Gold $2,731.68 $11.11 0.41% Silver $34.18 $0.39 1.15% Platinum $1,020.98 $14.67 1.46% Palladium $1,074.60 $18.31 1.73%

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]

Leave your comment