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Gold $3,355.62 $31.47 0.95% Silver $38.31 $1.32 3.58% Platinum $1,365.87 $19.26 1.43% Palladium $1,169.33 $46.81 4.17%

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]

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