Gold edges higher as dollar softens and rate hike bets fade
Gold prices edged higher in early Asian trading on Monday, supported by a softer dollar and diminished expectations of a US interest rate hike in September.
Gold Market
Gold prices edged higher in early Asian trading on Monday, supported by a softer dollar and diminished expectations of a US interest rate hike in September.
Gold prices climbed towards $4,400 an ounce after weaker US economic data, including a drop in retail sales and softer inflation, diminished expectations of further Federal Reserve rate hikes.