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Gold $4,646.17 $(115.01) -2.42% Silver $71.39 $(3.87) -5.14% Platinum $1,941.15 $(25.69) -1.31% Palladium $1,474.65 $(5.08) -0.34%

Gold near 8-week high on bets US rate hikes nearly over

Gold near 8-week high on bets US rate hikes nearly over

July 19 (Reuters) - Gold prices on Wednesday were near eight-week highs reached in the previous session after economic data raised expectations that the U.S. Federal Reserve is near the end of its interest rate hiking.

Spot gold eased 0.2% at $1,973.69 per ounce by 1200 GMT, slightly pressured as the U.S. dollar bounced back from 15-month lows. U.S. gold futures also fell 0.2% to $1,977.30 per ounce...[LINK]

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