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Gold hits more than 9-month high after Powell strikes dovish tone - RollingNotes' News

Commodities

Gold hits more than 9-month high after Powell strikes dovish tone

Spot gold was up 0.1% at $1,951.79 per ounce, as of 0401 GMT, after hitting its highest since April 2022 earlier in the session. U.S. gold futures rose 1.3% to $1,967.40.

Feb 2, 2023 - 11:10

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Gold hits more than 9-month high after Powell strikes dovish tone

Spot gold was up 0.1% at $1,951.79 per ounce, as of 0401 GMT, after hitting its highest since April 2022 earlier in the session. U.S. gold futures rose 1.3% to $1,967.40.