Articles
-
Gold marks over 1-week high, but US rate hike prospects curb gains
Gold prices inched up to their highest in more than a week on Tuesday, drawing support from geopolitical tensions and a softer dollar, but expectations of another US Federal Reserve interest rate hike this year curbed upside momentum.
Spot gold was up 0.3 per cent at $1,287.31 an ounce by 0653 GMT, after touching its highest since late September at $1,288.70 earlier in the session.
Read full article