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Gold $1,928.44 $8.49 0.44% Silver $23.78 $0.38 1.62% Platinum $935.26 $14.43 1.57% Palladium $1,287.84 $28.05 2.23%

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]

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