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Gold $4,049.97 $(21.8) -0.54% Silver $49.92 $(0.22) -0.44% Platinum $1,534.56 $12.72 0.84% Palladium $1,382.90 $1.47 0.11%

Gold prices drop as US rate-cut hopes fade

Gold prices drop as US rate-cut hopes fade

Jan 22 (Reuters) - Gold prices declined on Monday, as hopes of a March interest rate cut by the Federal Reserve faded, while traders awaited key U.S. economic data and major central bank policy meetings this week.
 
Spot gold was down 0.2% at $2,026.40 per ounce, as of 1237 GMT. U.S. gold futures were steady at $2,029.00...[LINK]
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