Gold Touches Six-Month High in Positive Start to 2023

3 January 2023

Gold prices made a positive start to the new year, with prices touching a more than six-month peak on Tuesday as investors positioned for the Federal Reserve’s latest policy minutes. Spot gold, which had ended a volatile 2022 little changed, rose 0.5% to $1,832.59 per ounce by 1205 GMT after touching its highest since June 17 at $1,849.89. U.S. gold futures gained 0.7% to $1,839.40.

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