• +1 (312) 549-9986

Gold $4,331.00 $1.38 0.03% Silver $68.34 $0.19 0.28% Platinum $1,765.35 $5.45 0.31% Palladium $1,234.45 $18.37 1.51%

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]

Leave your comment