| Gold prices were slightly lower on the London spot market Wednesday, moving between gains and losses as the market remained cautious over a potential rate rise in the U.S. Spot gold was trading down 0.02% at $1,121.27 a troy ounce in morning European trade, hovering near two-week lows.
The next U.S. interest rate rise isn’t now expected until December at the earliest, rather than at the Federal Reserve’s meeting next week. Gold prices will tread water until that meeting, analysts believe...............................................Full Article: Source
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