Gold Futures Rise on Firm Safe-Haven Demand But Further Gains Look Limited
Gold futures continued to rise on safe-haven demand, but renewed dollar strength and a pushback in market expectations for the first Federal Reserve interest-rate cut will cap the rally in bullion, given its non-interest bearing characteristics, BMI said.
Gold futures continued to rise on safe-haven demand, but renewed dollar strength and a pushback in market expectations for the first Federal Reserve interest-rate cut will cap the rally in bullion, given its non-interest bearing characteristics, BMI said.
