Gold Edges Up As Oil Prices, Yields Dip

India, Oct. 19 -- Gold edged up slightly on Monday due to diminishing market expectations for an October Federal Reserve interest rate hike.

Spot gold edged up 0.2 percent to $4,171.62 an ounce while U.S. gold futures were up 0.2 percent at $4,190.15.

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The dollar held firm as the euro weakened after nationwide protests in France over living costs turned violent.

Treasury yields fell after Federal Reserve Chair Kevin Warsh voiced optimism about U.S. economic resilience and the impact of AI on economic growth and productivity.

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Published by HT Digital Content Services with permission from RTT News....