Gold edges higher but risk-on sentiment caps gains
Expectations of monetary policy easing by major central banks gather momentum amid soft economic data, though an uptick in equities limits rise in the precious metal
09 September 2019 - 08:27
Gold prices edged higher on Monday as expectations of monetary policy easing by major central banks gathered momentum amid soft economic data, though an uptick in equities limited gains in the precious metal.
Spot gold was up 0.2% at $1,509.45 per ounce in early-morning trading, after a near 1% drop in the previous session. US gold futures were also up 0.2%, at $1,517.9 an ounce...
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