Gold erased losses as hopes of a US-Iran ceasefire deal eased bets that central banks may need to keep interest rates higher for longer to combat inflation.
An employee holds a one-kilogram gold bar for a photograph at a Tanaka Holdings Co. store in Tokyo, Japan, on Thursday, Feb. 21, 2019. Gold had a bullish start in 2019, rallying to a 10-month high in February amid worries about the U.S.-China trade war and bets the U.S. Federal Reserve may not raise interest rates this year. However, the momentum has fizzled as risks from the trade dispute abate.
Login
