Gold prices finish higher to erase Friday’s losses

Gold prices finished higher on Monday, erasing their losses from Friday. Sharp declines in benchmark U.S. stock indexes and a weaker dollar boosted investment demand for the precious metal, even as the U.S. Federal Reserve is expected to announce an interest-rate hike on Wednesday. April gold fell $5.50, or 0.4%, to settle at $1,317.80 an ounce.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply