
Gold Prices Rise on Easing Rate-Hike Concerns
Gold prices extended their gains as fears of aggressive interest rate hikes eased, with markets awaiting the release of Federal Reserve minutes. Reduced expectations for further rate increases contributed to the precious metal's two-day rally.
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Gold Holds Two-Day Gain on Reduced Rate-Hike Expectations
Gold held a two-day gain as reduced expectations for an interest-rate hike by the Federal Reserve weighed on the US dollar, making bullion cheaper for most buyers.
By Yihui Xie
Read full article →Gold extends gains on easing rate-hike fears, markets await Fed minutes
Gold rose for a third straight session on Tuesday as fears of a U.S. interest rate hike next month eased, with investors awaiting minutes from the Federal Reserve's latest meeting for fresh clues on the monetary policy path.
By Abubakar Ibrahim
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