Gold Gains Limited in Anticipation of EU Summit

Precious Metals

Reuters reported that gold prices rose modestly but were limited as investors wait for a European Union summit this week.

Reuters reported that gold prices rose modestly but were limited as investors wait for a European Union summit this week.

As quoted in the market news:

The EU summit comes against the backdrop of mounting expectations that leaders will take steps to forge greater fiscal integration in the bloc, while the ECB is expected to cut its benchmark interest rate for the second month running.

Click here to read the full Reuters report.

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