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Gold $4,033.15 $(110.82) -2.67% Silver $54.76 $(3.42) -5.88% Platinum $1,570.01 $(62.2) -3.81% Palladium $1,056.75 $(36.17) -3.31%

Gold near 8-week high on bets US rate hikes nearly over

Gold near 8-week high on bets US rate hikes nearly over

July 19 (Reuters) - Gold prices on Wednesday were near eight-week highs reached in the previous session after economic data raised expectations that the U.S. Federal Reserve is near the end of its interest rate hiking.

Spot gold eased 0.2% at $1,973.69 per ounce by 1200 GMT, slightly pressured as the U.S. dollar bounced back from 15-month lows. U.S. gold futures also fell 0.2% to $1,977.30 per ounce...[LINK]

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