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Gold $4,039.28 $(28.23) -0.69% Silver $53.10 $(0.88) -1.64% Platinum $1,518.68 $(25.06) -1.62% Palladium $1,004.49 $(13.51) -1.33%

Gold climbs as Fed seen nearing interest rate summit

Gold climbs as Fed seen nearing interest rate summit

July 26 (Reuters) - Gold prices climbed on Wednesday due to some safe-haven demand before the U.S. Federal Reserve delivers a widely expected rate hike later in the day, as traders see the fight to tame inflation nearing its endgame.

Spot gold rose 0.4% to $1,972.22 per ounce by 1145 GMT, while U.S. gold futures gained 0.5% to $1,973.60...[LINK]

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