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Gold $2,334.42 $1.13 0.05% Silver $30.37 $0.04 0.13% Platinum $1,032.04 $3.11 0.3% Palladium $978.00 $12.91 1.34%

Gold set for biggest weekly drop since Feb on hawkish Fed

Gold set for biggest weekly drop since Feb on hawkish Fed

June 23 (Reuters) -Gold prices were en route to their worst week since early February on Friday as the dollar strengthened after U.S. Federal Reserve Chief Jerome Powell reiterated that more interest rate hikes were in the offing.

Spot gold was up 0.3% at $1,919.06 per ounce by 1130 GMT, yet stayed close to a three-month low hit earlier in the session. Prices are down 1.9% for the week...[LINK]

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