Gold firms near 2-1/2-month high as early Fed taper fears ebb


Glittering haven: Gold of various weights and sizes sit at Gold Investments Ltd bullion dealers in London. — Bloomberg

BENGALURU: Gold prices inched up on Monday, hovering close to a 2-1/2-month peak after disappointing U.S. jobs data raised hopes the Federal Reserve could wait a bit longer to pare its stimulus measures.

Spot gold rose 0.1% to $1,827.82 per ounce by 0646 GMT. In the previous session, prices hit their highest since June 16 at $1,833.80.

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Gold , jewellers , Silver

   

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