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Gold $3,180.01 $(60.83) -1.88% Silver $32.20 $(0.43) -1.31% Platinum $984.99 $(6.43) -0.65% Palladium $959.84 $7.01 0.74%

Gold hovers near $2,000 as Fed pause bets lend support

Gold hovers near $2,000 as Fed pause bets lend support

Nov 22 (Reuters) - Gold prices hovered near the key $2,000 level on Wednesday, as expectations of an end to the U.S. Federal Reserve's rate hike cycle kept the dollar and U.S. bond yields subdued.

Spot gold was up 0.1% at $2,000.38 per ounce as of 1201 GMT, after rising as high as $2006.19 earlier in the session. Bullion scaled a three-week high of $2,007.29 on Tuesday...[LINK]

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