Gold scales 2-week high on hopes of smaller U.S. rate hikes
Written by Black Hot Fire Network on December 1, 2022
- Focus on non-farm payrolls data due on Friday
- Traders see 91% chance of 50 bps rate hike in December
Dec 1 (Reuters) - Gold prices hit a two-week high on Thursday, supported by a weaker dollar after U.S. Federal Reserve Chair Jerome Powell's speech . . .