19 January 2023

Gold Rises as US Federal Reserve Slows Interest Rate Hikes

International and Arabic
  • gold

London, January 19 (QNA) - Gold prices inched higher on Thursday as the US Federal Reserve slowed its pace of interest rate hikes.

Spot gold was up 0.1 percent at $1,906.01 per ounce. US gold futures fell 0.1 percent to $1,906.00.

Spot silver gained 0.2 percent to $23.38 per ounce, platinum was flat at $1,038.38, and palladium fell 0.1 percent at $1,716.13. (QNA)


Economy, International
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