Gold prices settled up Tuesday at their highest in nearly eight weeks as softening economic growth called into question whether the Federal Reserve will pull the trigger on another rate hike this year. Gold for December delivery settled up $6, or 0.5%, at $1,279.40 an ounce, its highest settlement since June 8. Meanwhile, silver for September delivery slipped 2 cents, or 0.1%, to settle at just above $16.76 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.
From:: Stock Market News