Gold stalls as firmer dollar counter slower rate-hike hopes

The U.S. central bank raised rates by 75 basis points (bps) four times last year, before slowing to a 50 bps increase in December. Traders are mostly pricing in a 25 bps rate hike increase at the Fed's next policy meeting.

Gold stalls as firmer dollar counter slower rate-hike hopes
The U.S. central bank raised rates by 75 basis points (bps) four times last year, before slowing to a 50 bps increase in December. Traders are mostly pricing in a 25 bps rate hike increase at the Fed's next policy meeting.