Gold Prices Rise on Rate Cut Expectations

Gold Prices Rise on Rate Cut Expectations

Gold Prices Rise on Rate Cut Expectations

By / Finance / Monday, 22 July 2019 05:56

Gold prices rose on Monday in Asia after landing a second-straight week of gains as traders expect a U.S. rate cut this month.

Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange inched up 0.1% to $1,427.75 by 12:15 AM ET (04:15 GMT).

 

Read more at Investing.

Author

NexPro Media Staff

NexPro Media Staff

Leave a comment

Please publish modules in offcanvas position.