Gold Surges Past $4,400 as Fed Rate-Hike Odds Fade
Gold trades above $4,408 per ounce, up 10.3% monthly, as cooling inflation data raises odds the Fed holds rates steady in September, boosting non-yielding gold's appeal.
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Recently added · Page 1US Stocks and Gold Rally on Cooling Fed Rate Hike Bets
US equities and commodities rose after an unexpected drop in nonfarm payrolls cooled September rate hike expectations. Technology and precious metals led the advance, while energy and financials saw …