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Gold $2,322.42 $0.92 0.04% Silver $29.56 $0.03 0.1% Platinum $996.17 $2.7 0.27% Palladium $963.38 $17.75 1.88%

Gold close to three-month low on hawkish Fed cues

Gold close to three-month low on hawkish Fed cues

June 22 (Reuters) - Gold fell on Thursday to hold close to a three-month low hit a day earlier after U.S. Federal Reserve Chair Jerome Powell reiterated that more interest rate hikes were likely to tame inflation.

Spot gold was down 0.3% to $1,927.38 per ounce by 1040 GMT, a day after having hitting its lowest since March 17. U.S. gold futures fell 0.4% to $1,937.60...[LINK]

 
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