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Gold $2,516.47 $11.44 0.46% Silver $28.44 $0.13 0.46% Platinum $945.55 $3.07 0.33% Palladium $976.75 $28.23 2.98%

Gold hovers near $2,000 as Fed pause bets lend support

Gold hovers near $2,000 as Fed pause bets lend support

Nov 22 (Reuters) - Gold prices hovered near the key $2,000 level on Wednesday, as expectations of an end to the U.S. Federal Reserve's rate hike cycle kept the dollar and U.S. bond yields subdued.

Spot gold was up 0.1% at $2,000.38 per ounce as of 1201 GMT, after rising as high as $2006.19 earlier in the session. Bullion scaled a three-week high of $2,007.29 on Tuesday...[LINK]

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