Gold prices rise as dollar responds to US Fed rate cut
Palladium was steady, having hit a record high of on Wednesday; silver rose and platinum firmed, with both metals set for monthly gains
31 October 2019 - 14:47
Bengaluru — Gold rose on Thursday as the dollar came under pressure after the US Federal Reserve cut interest rates, while uncertainty surrounding a US-China trade deal bolstered the metal’s appeal as a safe-haven investment.
Spot gold climbed 0.8% to $1,506.48 an ounce by 11.15am GMT, set for a monthly gain of more than 2%. US gold futures were up 0.8% at $1,509.10...
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