Thu, 20 Aug 2015 08:02:15 GMT
Gold jumps as hopes dim for US rate hike in September
The yellow metal extended its gains, hitting a one-month high on Thursday, as the Fed minutes revealed that the expected rate hike in September is not on the table yet. Policymakers of the Fed are concerned that dwindling US inflation and a struggling global economy place a bigger risk on hiking rates. Gold futures rose 1.09% to $1,139.40, as more