Commodities

Gold Futures Settle Higher On Safe-haven Buying

Gold prices climbed higher on Monday on safe-haven buying amid rising geopolitical crisis in the Middle East, where Israel and Palestinian militant group Hamas are engaged in a fierce battle.

Gold was also supported by hopes the Federal Reserve might pause interest rate hike after data showed wage growth in te U.S. moderated in the month of September although the economy saw a larger than expected job additions in the month.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Commodities