Gold extended gains for the second session, driven by weaker equities and bond yields, while traders eagerly await U.S. economic data to gauge the Federal Reserve's timeline on a potential rate reduction
Gold prices have stabilised a bit as the traders digest the Chinese government's comments on the prospect of fiscal stimulus to prop up the country's wobbling economy, which would support greater gold demand
Gold prices have trended lower as a stronger dollar and Treasury yields weighed on the market. Investors now look ahead to the latest Fed meeting minutes on Wednesday and the consumer price index report on Thursday to guide the US rates outlook further
2 min
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