Gold prices hit seven week high with USD at near 3-week low

Oct 12, 2015 (LBO) – Gold prices rose to a seven-week high on Monday with expectations that the Federal Reserve will postpone an expected U.S. interest rate hike, foreign media reports said. Spot gold was last at 1,165.8/1,166.2 US dollars per ounce, up 10.1 US dollars on Friday’s close.Trade has ranged from 1,155 to 1,166.8 US […]