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Gold $4,593.44 $(28.76) -0.62% Silver $74.17 $0.43 0.58% Platinum $1,989.48 $2.12 0.11% Palladium $1,526.11 $(6.89) -0.45%

Gold prices firm on Fed rate-cut prospects

Gold prices firm on Fed rate-cut prospects

Gold prices rose on Tuesday, helped by a weaker U.S. dollar and lower Treasury yields on expectations that the Federal Reserve will lower interest rates next year.

Spot gold was up 0.4% at $2,062.63 an ounce near 7:30 a.m. ET after hitting a more than two-week high of $2,070.39 in the previous session. U.S. gold futures rose 0.2% to $2,073.20...[LINK]

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