• +1 (312) 549-9986

Gold $4,046.77 $(1.32) -0.03% Silver $57.93 $0.3 0.53% Platinum $1,581.61 $(11.99) -0.75% Palladium $1,244.26 $(9.25) -0.74%

Gold hits 4-week peak as Fed seen nearing end of rate hikes

Gold hits 4-week peak as Fed seen nearing end of rate hikes

July 13 (Reuters) - Gold prices climbed to their highest in about a month on Thursday on a weaker dollar after U.S. inflation data raised investor hopes that the Federal Reserve would soon stop tightening its monetary policy.

Spot gold was up 0.1% at $1,958.99 per ounce by 1040 GMT, its highest since June 16. U.S. gold futures also rose 0.1% to $1,962.90...[LINK]

Leave your comment