Reported about 14 hours ago
Gold has maintained a four-day rally as traders turn to the asset for safety amidst growing uncertainty regarding the Federal Reserve's rate decisions. Trading at around $2,690 per ounce, gold is benefiting from a risk-off sentiment in the markets as stronger-than-expected US labor market data has raised concerns over possible rate hikes. Investors are now closely watching upcoming US inflation reports and other economic indicators.
Source: YAHOO