Gold scales near three-week peak on Fed rate cut bets
Gold extended gains to a near three-week high on Tuesday, as growing expectations of another U.S. Federal Reserve interest rate cut in December lifted demand for the safe-haven asset. FUNDAMENTALS * Spot gold was up 0.4% at $4,131.83 per ounce by 0053 GMT, its highest since October 24. U.S. gold futures for December delivery rose … Read more