Gold jumps after Waller comments temper September rate-hike bets
Spot gold rose 2.3% to $4,488 as traders scaled back September rate hike expectations after Fed Governor Christopher Waller said he would support leaving rates unchanged if inflation pressures keep moderating.
By Dharna BafnaGold rose more than 2% on Thursday as traders scaled back September rate hike expectations after Federal Reserve Governor Christopher Waller said he would support leaving interest rates unchanged if data continues to show inflation pressures moderating.Spot gold rose 2.3% to $4,488…