Platinum dropped 0.8 per cent to $873.68 and palladium fell 0.6 per cent to $2,159.31. Spot silver rose 0.3 per cent to $18.83 per ounce, after touching a more than two-week high earlier. Spot gold is biased to break a resistance at $1,720 and rise towards $1,729, according to Reuters technical analyst Wang Tao. Meanwhile, European Central Bank policymakers see a heightened risk that they will have to hike their key interest rate to 2 per cent, sources told Reuters. The dollar index held close to a more than one-week low hit on Friday. Higher interest rates increase the opportunity cost of holding the non-yielding bullion and boosts the dollar, in which gold is priced. The markets are largely expecting the Fed to raise rates by 75 basis points this month. Commenting: The HP welcomes discussions on its page, but we want the discussions to be civilized. 20-21 policy meeting, with strong calls for another oversized rate increase to battle sky-high inflation. Fed officials on Friday ended their public comment period ahead of the central bank's Sept. The US Consumer Price Index data, due on Tuesday, is expected to show that August prices rose at an 8.1 per cent pace over the year, compared with an 8.5 per cent print for July.
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Joseph, Michigan With the Herald-Palladium obituary archives being one of the leading sources for uncovering your history in Michigan, it's important to know how to perform a Herald-Palladium obituary search to access this wealth of. The Fed will continue to hike regardless, but that there may be some end in sight could be enough to tilt gold back up following recent sharp declines." Herald-Palladium obits are an excellent source of information about those long-lost family members in St. "A further indication that inflation may have peaked would be encouraging for the gold market. "There remains some lingering general de-leveraging downward pressure on gold, but this week's inflation number may provide some relief," said Clifford Bennett, chief economist at ACY Securities. US gold futures were down 0.3 per cent at $1,723.20.
Spot gold was down 0.2 per cent at $1,712.69 per ounce, as of 0341 GMT. Joseph, based on live traffic updates and road conditions from Waze fellow. Gold prices edged lower on Monday, with cautious investors' focus being on a key US inflation reading as it could influence the size of the Federal Reserve's next interest rate hike. Realtime driving directions to The Herald Palladium, 3450 Hollywood Rd, St.
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