Gold Prices Recover From Lows as Dollar Stalls
Gold prices climbed as the dollar eased from an 18-month peak, helping bullion recover from a two-month low. Traders continue evaluating potential Federal Reserve rate hikes.
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Gold rose 0.7% to $4,141.09 per ounce on Thursday morning as the dollar eased from an 18-month peak. The advance helped bullion recover from a two-month low touched in the previous session. Traders are weighing the prospect of another interest rate hike by the United States central bank later this year.
