• +1 (312) 549-9986

Gold $4,493.19 $109.85 2.51% Silver $69.73 $1.74 2.57% Platinum $1,859.00 $33.13 1.81% Palladium $1,378.03 $17.03 1.25%

Gold hits 5-month low as robust US data lifts rate hike bets

Gold hits 5-month low as robust US data lifts rate hike bets

Aug 17 (Reuters) - Gold hit a five-month low on Thursday after data pointed to a resilient U.S. economy and raised prospects that the Federal Reserve may hike interest rates once more this year.

Spot gold edged up 0.2% to $1,893.30 per ounce by 0945 GMT, as some traders bought on the dips, but hovered near its weakest level since March 15 at $1,888.30...[LINK]

Leave your comment