Gold jumps as hopes dim for US rate hike in September

Note: This section contains information in English only.
Source: WBP Online
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 investors turned to safe-haven assets, such as precious metals.
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