Gold at over eight-month high on slower US Fed rate-hike prospects
By Seher Dareen(Reuters) – Gold prices scaled over an eight-month peak on Friday, holding above the key pivot of $1,900 per ounce, as cooling U.S. inflation raised hopes for slower interest rate hikes from the Federal Reserve.Spot gold rose 0.3 % to $1,902.64 per ounce by 9:33 a.m. ET (1433 […]