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Gold $5,351.01 $49.45 0.93% Silver $93.68 $(1.78) -1.86% Platinum $2,362.47 $(14.1) -0.59% Palladium $1,814.11 $31.72 1.78%

Gold subdued near one-week low as dollar firms on hawkish Fed remarks

Gold subdued near one-week low as dollar firms on hawkish Fed remarks

Jan 17 (Reuters) - Gold prices were flat on Wednesday after hitting an almost one-week low, pressured by a stronger dollar as hawkish comments from a Federal Reserve official diminished hopes of a U.S. interest rate cut in March.
 
Spot gold was flat at $2,027.29 per ounce, as of 1245 GMT. It fell 1.3% in the previous session in its biggest single-day decline since Dec. 4...[LINK]
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