Gold jumps most in 6 months as Hormuz deal progress lowers rate-hike odds
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Gold jumps most in 6 months as Hormuz deal progress lowers rate-hike odds
Singapore - Gold extended the biggest gain in six months as signs of progress in reopening the Strait of Hormuz eased energy-led pressure on the Federal Reserve to raise interest rates. Bullion rose 1 per cent to US$4,347.90 an ounce as at 9.57am on Aug 6, after jumping 4.1 per cent in the previous»»»
Gold rallies above US$4,300 as progress builds on Hormuz reopening
Spot gold climbed to US$4,287.95 an ounce in early Asian trade after jumping 4.1% in the previous session. (EPA Images pic) HONG KONG: Gold extended its biggest gain in six months as signs of progress in reopening the Strait of Hormuz eased energy-led pressure on the Federal Reserve to raise intere»»»
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