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Gold $2,375.64 $(9.91) -0.42% Silver $28.37 $(0.48) -1.66% Platinum $968.96 $(3.01) -0.31% Palladium $1,006.88 $(24.51) -2.38%

Gold steadies after Fed-driven run to near-all-time peak

Gold steadies after Fed-driven run to near-all-time peak

May 4 (Reuters) - Gold prices steadied on Thursday after accelerating to a near-record high as the U.S. Federal Reserve signalled its rate hiking run might finally have hit a pause, with elevated economic risks seen fuelling robust demand for safe-haven bullion.

Spot gold ticked up 0.2% to $2,042.43 per ounce by 1145 GMT after climbing earlier to $2,072.19, just shy of a record high of $2,072.49 touched in 2020...[LINK]

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