Gold prices were on the rise on Monday ahead of a Federal Reserve meeting this week, MarketWatch reported. As quoted in the publication: Gold futures rose Monday as sellers paused the heavy selling that drove prices sharply lower at the end of last week, with traders looking ahead to interest-rate policy meetings that could set …
Gold prices were on the rise on Monday ahead of a Federal Reserve meeting this week, MarketWatch reported.
As quoted in the publication:
Gold futures rose Monday as sellers paused the heavy selling that drove prices sharply lower at the end of last week, with traders looking ahead to interest-rate policy meetings that could set the near-term course for dollar/yen trading and precious metals.
Gold for June delivery advanced $12.60, or 1%, to $1,242.60 an ounce. The SPDR Gold Trust rose 0.6%.