• +1 (312) 549-9986

Gold $3,372.00 $32.97 0.99% Silver $38.87 $0.73 1.93% Platinum $1,358.15 $4.05 0.3% Palladium $1,124.80 $13.97 1.26%

Gold gains as traders find comfort in Fed rate cut hopes

Gold gains as traders find comfort in Fed rate cut hopes

Gold prices rose on Tuesday after touching a three-week low in the previous session as traders reassessed interest rate cut expectations from the Federal Reserve after a report showed consumers expect lower inflation this year.

Spot gold was up 0.5% at $2,038.99 per ounce after hitting its lowest level since Dec. 18 on Monday. U.S. gold futures rose 0.6% to $2,045.4 per ounce...[LINK]

Leave your comment