Gold prices march higher on slower US Fed interest rate hike bets
By Arundhati Sarkar (Reuters) – Gold prices advanced on Tuesday as the dollar’s retreat amid expectations for a less-aggressive interest rate hike from the U.S. central bank made bullion a more attractive bet. Spot gold rose 0.3% to $1,936.62 per ounce by 1137 GMT. U.S. gold futures […]
Gold at over eight-month high on slower US Fed rate-hike prospects
By Seher Dareen(Reuters) – Gold prices scaled over an eight-month peak on Friday, holding above the key pivot of $1,900 per ounce, as cooling U.S. inflation raised hopes for slower interest rate hikes from the Federal Reserve.Spot gold rose 0.3 % to $1,902.64 per ounce by 9:33 a.m. ET (1433 […]