• +1 (312) 549-9986

Gold $2,334.42 $1.13 0.05% Silver $30.37 $0.04 0.13% Platinum $1,032.04 $3.11 0.3% Palladium $978.00 $12.91 1.34%

Gold hits 2-month high as dollar struggles on Fed pause views

Gold hits 2-month high as dollar struggles on Fed pause views

July 20 (Reuters) - Gold prices advanced to their highest in about two months on Thursday, driven by U.S. dollar’s weakness and growing expectations that the Federal Reserve would conclude its aggressive rate-hiking cycle at its meeting next week.

Spot gold gained 0.2% to $1,980.59 per ounce by 1058 GMT, close to its highest since May 17 at $1,987.39. U.S. gold futures also rose 0.2% to $1,984.10 per ounce...[LINK]

Leave your comment