Gold Rises As Fed Rate Hike Odds Ebb
Gold prices edged higher as soft economic data reduced expectations of a Federal Reserve rate hike in October, making the non-yielding asset more attractive.
Gold prices edged higher on Monday after recent softer economic data sharply reduced expectations for a Federal Reserve rate hike in October, lifting the appeal of the non-yielding metal. 17 per ounce by 0150 GMT. US gold futures for D…