Mumbai, Aug. 31 -- Gold saw supportive action in August, hitting around three-month highs but came back from these levels after the US Federal Reserve Chair Kevin Warsh that inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it under control. The metal neared $4500 per ounce mark following this but is up around 10% for the month.
Published by HT Digital Content Services with permission from Capital Market....