• +1 (312) 549-9986

Gold $3,355.94 $(15.51) -0.46% Silver $36.06 $(0.35) -0.96% Platinum $1,262.85 $(36.59) -2.82% Palladium $1,046.37 $(0.38) -0.04%

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