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Gold $3,886.61 $2.09 0.05% Silver $47.96 $0.02 0.05% Platinum $1,601.15 $0.64 0.04% Palladium $1,260.60 $(2.07) -0.16%

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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