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Gold $3,324.46 $8.4 0.25% Silver $37.17 $(0.17) -0.46% Platinum $1,316.28 $2.94 0.22% Palladium $1,109.30 $(2.2) -0.2%

Gold near 8-week high on bets US rate hikes nearly over

Gold near 8-week high on bets US rate hikes nearly over

July 19 (Reuters) - Gold prices on Wednesday were near eight-week highs reached in the previous session after economic data raised expectations that the U.S. Federal Reserve is near the end of its interest rate hiking.

Spot gold eased 0.2% at $1,973.69 per ounce by 1200 GMT, slightly pressured as the U.S. dollar bounced back from 15-month lows. U.S. gold futures also fell 0.2% to $1,977.30 per ounce...[LINK]

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