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Gold $5,083.55 $5.06 0.1% Silver $82.77 $(1.06) -1.26% Platinum $2,079.30 $(54.87) -2.57% Palladium $1,599.98 $(17.99) -1.11%

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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