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Gold $4,265.04 $(13.81) -0.32% Silver $63.85 $(0.39) -0.61% Platinum $1,765.80 $(13.49) -0.76% Palladium $1,254.55 $(5.76) -0.46%

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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