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Gold $3,420.53 $34.41 1.02% Silver $36.28 $(0.05) -0.14% Platinum $1,276.60 $(21.84) -1.68% Palladium $1,048.45 $(11.84) -1.12%

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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