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Gold $3,658.18 $(1.57) -0.04% Silver $41.44 $(0.21) -0.5% Platinum $1,375.15 $7.27 0.53% Palladium $1,161.86 $4.08 0.35%

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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