Gold Edges Higher to Near $4,150 as Fed Rate Path Weighed
Gold moved higher toward $4,150 in early Asian trading on Friday, recovering from a two-month low as markets assessed the Federal Reserve's uncertain rate outlook and energy prices.
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Gold traded around $4,140 in early Asian hours on Friday, edging toward $4,150 after rebounding from a two-month low.
Traders were evaluating the outlook for energy prices and the Federal Reserve's uncertain interest-rate path, which kept the precious metal supported.
The move reflects renewed demand as market participants weigh how Fed policy expectations may develop.
Source: FXStreet Forex News