| Gold held near the highest level in more than a week on speculation that the Federal Reserve will refrain from increasing US interest rates this year on further signs of slowing global economic growth. Bullion for immediate delivery was at $US1148.25 an ounce at in Singapore on Wednesday, from $US1147.24 on Tuesday, when it rose 1 per cent, according to Bloomberg generic pricing.
Gold has rebounded from a five-year low in July as turmoil in emerging markets, slower growth in China and patchy US economic data have hurt the outlook for tighter monetary policy from the Federal Reserve...............................................Full Article: Source
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