Tue, 04 Aug 2015 09:10:05 GMT
Bullion climbs as the prospects of September's rate hike in US are melting
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