Gold Edges Higher as Lower Oil Prices Damp Chance of Rate Hikes
Gold edged higher as a slump in oil prices over the past few sessions reduced the chance of further interest-rate hikes by the Federal Reserve to contain inflation.
By Yihui Xie · Bloomberg Markets
Gold edged higher as a slump in oil prices over the past few sessions reduced the chance of further interest-rate hikes by the Federal Reserve to contain inflation.