• +1 (312) 549-9986

Gold $4,064.90 $(11.87) -0.29% Silver $49.99 $(0.75) -1.47% Platinum $1,511.76 $3.91 0.26% Palladium $1,369.45 $(3.61) -0.26%

Gold hits 5-month low as robust US data lifts rate hike bets

Gold hits 5-month low as robust US data lifts rate hike bets

Aug 17 (Reuters) - Gold hit a five-month low on Thursday after data pointed to a resilient U.S. economy and raised prospects that the Federal Reserve may hike interest rates once more this year.

Spot gold edged up 0.2% to $1,893.30 per ounce by 0945 GMT, as some traders bought on the dips, but hovered near its weakest level since March 15 at $1,888.30...[LINK]

Leave your comment