• +1 (312) 549-9986

Gold $3,900.60 $(82.92) -2.08% Silver $45.86 $(1.12) -2.38% Platinum $1,542.50 $(41.5) -2.62% Palladium $1,353.75 $(53.83) -3.82%

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