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Gold $4,367.10 $11.15 0.26% Silver $52.49 $0.02 0.05% Platinum $1,624.05 $(5.52) -0.34% Palladium $1,501.62 $(2.18) -0.15%

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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