• +1 (312) 549-9986

Gold $4,532.90 $36.26 0.81% Silver $79.33 $5.89 8.02% Platinum $2,442.76 $98.2 4.19% Palladium $1,904.75 $145.46 8.27%

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