• +1 (312) 549-9986

Gold $3,665.76 $6.02 0.16% Silver $41.86 $0.21 0.51% Platinum $1,385.75 $17.12 1.25% Palladium $1,146.10 $(12.12) -1.05%

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