• +1 (312) 549-9986

Gold $2,670.72 $22.61 0.85% Silver $31.07 $0.26 0.84% Platinum $961.05 $1.14 0.12% Palladium $1,033.40 $14.9 1.46%

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