Gold Steadies Near $4,000 as Rate-Hike Bets Stay Firm
Gold was little changed after falling 1.1% in the previous session and was on track for a second monthly loss. Energy-led inflation raised prospects for a US rate increase before year-end.
Gold steadied near $4,000 an ounce, and was on track for a second monthly loss, as energy-led inflation raised the prospects for a US rate increase before year-end.Bullion was little changed after shedding 1.1% in the previous session. The Federal Reserve left the door open for an interest-rate hik…