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Gold $3,304.48 $(14.39) -0.43% Silver $32.68 $(0.13) -0.4% Platinum $973.30 $(5.7) -0.58% Palladium $948.05 $14.3 1.53%

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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