• +1 (312) 549-9986

Gold $4,594.13 $(32.98) -0.71% Silver $87.73 $(5.82) -6.22% Platinum $2,304.74 $(98.26) -4.09% Palladium $1,769.80 $(59.77) -3.27%

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