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Gold $4,807.47 $(12.97) -0.27% Silver $79.39 $(0.31) -0.39% Platinum $2,074.40 $(6.89) -0.33% Palladium $1,555.15 $(0.66) -0.04%

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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