Gold Retreats after Federal Reserve Hints at End to Hiking Cycle
Last Updated: May 05, 2023, 23:59 ISTU.S. gold futures shed 1.6% to $2,022.50. (Representative image/AP)Spot gold lost 1.8% to $2,015.20 per ounce by 12:12 p.m. EDT (1612 GMT), but was up 1.3% for the week after surging to $2,072.19 on…