Copper $ 5.785 / lb -0.72%
Brent Crude Oil $ 68.44 / bbl -1.18%
Palladium $ 1254.7 / ozt -2.59%
Crude Oil $ 65.16 / bbl -1.50%
Natural Gas $ 3.11 / Btu 0.00%
Silver Futures $ 38.365 / ozt -2.35%
Aluminum Futures $ 2595.25 / ton -0.64%
Micro Gold Futures $ 3392.5 / ozt -1.08%
Micro Silver Futures $ 38.365 / ozt -2.30%
Platinum $ 1422.8 / ozt -1.75%
Gold Futures $ 3335.6 / ozt -1.08%
Go to MDC Markets

Gold price back below $1,800 on hawkish signals from Fed

MINING.COM Staff Writer | January 27, 2022 | 9:34 am Intelligence Markets USA Gold 

Gold erased this year's gains after dropping below the $1,800 level Thursday, as a more hawkish-than-expected US Federal Reserve underscored the central bank’s aggressive approach to tackling inflation in 2022. Spot gold fell 1.4% to $1,794.17 per ounce by noon EDT, its...

Mining.com Recommends