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Gold $4,730.81 $(7.43) -0.16% Silver $76.03 $(1.67) -2.15% Platinum $2,027.24 $(53.26) -2.56% Palladium $1,487.96 $(61.88) -3.99%

Gold climbs as Fed seen nearing interest rate summit

Gold climbs as Fed seen nearing interest rate summit

July 26 (Reuters) - Gold prices climbed on Wednesday due to some safe-haven demand before the U.S. Federal Reserve delivers a widely expected rate hike later in the day, as traders see the fight to tame inflation nearing its endgame.

Spot gold rose 0.4% to $1,972.22 per ounce by 1145 GMT, while U.S. gold futures gained 0.5% to $1,973.60...[LINK]

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