Gold gets close to 2019 highs on expectation of US Fed rate cut
Non-yielding gold has risen about $60 an ounce in one week; silver, palladium and platinum are also slightly up
06 June 2019 - 14:45
Bengaluru — Gold rose on Thursday, drawing closer to its highest level this year on increased expectations of a US rate cut, even as some investors locked in profits from bullion’s recent rally.
Spot gold rose 0.4% to $1,335.05 an ounce as at 11.45am GMT, while US gold futures gained 0.5% to $1,340.01...
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