Bullion prices tick higher

Source: The Week
© Scanpix/AFP
Prices for the yellow metal edged higher on Tuesday, adding minor gains. However, the bearish sentiment remains amid increasing expectations of a Fed rate hike by the end of this year. Gold for delivery in December jumped up $0.40 to reach $1,088.10 per troy ounce. The trade ranged between $1,087.40 and $1,094.90. Trading stays tame due to investors' anticipation of clearer signs in regards to the US monetary policy. 
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