Gold rises as traders scale back bets on Fed rate hike

KEY POINTS MAIN STORY Gold prices rose on Monday as traders reduced expectations of a US Federal Reserve interest rate increase this month following remarks by Fed Chair Kevin Warsh. Spot gold gained 0.4 per cent to $4,180.97 an ounce as of 7:35 a.m. in Singapore, recovering some ground after falling 0.7 per cent in … Continue reading Gold rises as traders scale back bets on Fed rate hike