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Gold $3,301.25 $(17.62) -0.53% Silver $32.66 $(0.15) -0.46% Platinum $971.90 $(7.1) -0.73% Palladium $947.55 $13.8 1.48%

Gold prices drop as US rate-cut hopes fade

Gold prices drop as US rate-cut hopes fade

Jan 22 (Reuters) - Gold prices declined on Monday, as hopes of a March interest rate cut by the Federal Reserve faded, while traders awaited key U.S. economic data and major central bank policy meetings this week.
 
Spot gold was down 0.2% at $2,026.40 per ounce, as of 1237 GMT. U.S. gold futures were steady at $2,029.00...[LINK]
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