Bullion climbs as the prospects of September's rate hike in US are melting

Note: This section contains information in English only.
Source: CNBC
The yellow metal was traded higher on Tuesday, breaking three consecutive sessions of decline, after slightly disappointing data from the US showed that rate hike is less likely to happen in September. The futures for gold rose 0.07% at 1,090.00 per ounce by 08:25 AM GMT. Meanwhile, analysts claim that the Federal Reserve may take more cautious approach and postpone the rate increase until December.

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