Gold logs 3-week high as rate-hike fears subside, dollar weakens – MarketWatch
MarketWatch |
Gold logs 3-week high as rate-hike fears subside, dollar weakens
MarketWatch August gold GCQ6, +1.36% gained $15.30, or 1.2%, to $1,262.30 an ounce, after seeing relatively tepid trade Tuesday as investors readjusted their expectations for rate increases in the wake of last Friday’s disappointing May labor-market report. The … Gold Rises on Weaker Dollar, Low Interest Rates Gold hits 2-week high as expectations of US rate rise recede Gold Gains As Yellen’s Hawkishness Reconsidered |
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