• +1 (312) 549-9986

Gold $3,398.92 $(0.73) -0.02% Silver $38.31 $0.1 0.26% Platinum $1,319.00 $(10.7) -0.81% Palladium $1,121.65 $(32.41) -2.81%

Gold hits 4-week peak as Fed seen nearing end of rate hikes

Gold hits 4-week peak as Fed seen nearing end of rate hikes

July 13 (Reuters) - Gold prices climbed to their highest in about a month on Thursday on a weaker dollar after U.S. inflation data raised investor hopes that the Federal Reserve would soon stop tightening its monetary policy.

Spot gold was up 0.1% at $1,958.99 per ounce by 1040 GMT, its highest since June 16. U.S. gold futures also rose 0.1% to $1,962.90...[LINK]

Leave your comment