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Gold $3,350.49 $(7.03) -0.21% Silver $36.45 $(0.09) -0.26% Platinum $1,403.40 $(17.6) -1.24% Palladium $1,135.84 $(26.01) -2.24%

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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