• +1 (312) 549-9986

Gold $4,040.76 $(18.87) -0.46% Silver $53.96 $(0.18) -0.34% Platinum $1,532.27 $(10.98) -0.71% Palladium $1,027.63 $(0.34) -0.03%

Gold near 8-week high on bets US rate hikes nearly over

Gold near 8-week high on bets US rate hikes nearly over

July 19 (Reuters) - Gold prices on Wednesday were near eight-week highs reached in the previous session after economic data raised expectations that the U.S. Federal Reserve is near the end of its interest rate hiking.

Spot gold eased 0.2% at $1,973.69 per ounce by 1200 GMT, slightly pressured as the U.S. dollar bounced back from 15-month lows. U.S. gold futures also fell 0.2% to $1,977.30 per ounce...[LINK]

Leave your comment