• +1 (312) 549-9986

Gold $3,116.84 $35.53 1.15% Silver $33.93 $(0.12) -0.35% Platinum $999.45 $17.2 1.75% Palladium $992.40 $22.3 2.3%

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]

Leave your comment