Gold Prices Tick Higher on Softer Fed Outlook, Limited by Strong Dollar
Gold prices edged up on Monday as investors scaled back expectations of a US Federal Reserve rate hike this month. However, gains were capped by a stronger dollar and rising Treasury yields. Spot gold rose 0.2% to $4,152.19 per ounce.
Gold prices edged higher on Monday as investors reduced expectations that the US Federal Reserve will raise rates this month, though gains were capped by a firmer dollar and higher Treasury yields. m. EDT (1326 GMT). US…