Gold touches 3-week high as rate-hike fears subside, dollar weakens – MarketWatch
|MarketWatch |
Gold touches 3-week high as rate-hike fears subside, dollar weakens
MarketWatch August gold GCQ6, +1.31% gained $12.90, or 1.1%, to $1,260.40 an ounce, after seeing relatively tepid trade Tuesday as investors readjust their expectations for rate increases in the wake of last Friday’s disappointing labor-market report. The metal is … PRECIOUS-Gold holds near 2-wk high, Fed in focus Gold Declines as China Snaps Streak of Purchasing for Reserves Gold: The Ultimate Insurance |