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Gold $2,304.56 $(15) -0.65% Silver $28.95 $(0.65) -2.2% Platinum $954.96 $(3.67) -0.38% Palladium $894.00 $(9.02) -1%

Gold steadies after Fed-driven run to near-all-time peak

Gold steadies after Fed-driven run to near-all-time peak

May 4 (Reuters) - Gold prices steadied on Thursday after accelerating to a near-record high as the U.S. Federal Reserve signalled its rate hiking run might finally have hit a pause, with elevated economic risks seen fuelling robust demand for safe-haven bullion.

Spot gold ticked up 0.2% to $2,042.43 per ounce by 1145 GMT after climbing earlier to $2,072.19, just shy of a record high of $2,072.49 touched in 2020...[LINK]

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