| After three years of being scorned, gold’s making a powerful comeback. Prices have pushed above $1,300 an ounce on speculation that the U.S. central bank will be slow to tighten policy further, bolstering the metal’s appeal as the dollar sagged.
Bullion for immediate delivery traded at $1,291.90 an ounce at 8:51 a.m. in Singapore from $1,291.55 on Monday, when it rose to $1,303.82, according to Bloomberg generic pricing. The metal has gained 22 percent this year, rising to the highest since January 2015, as a gauge of the dollar lost 6.3 percent...............................................Full Article: Source
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