Gold prices rose on Tuesday after comments from Federal Reserve officials reinforced expectations of a deeper rate cut later in the year.
Spot gold rose 0.1 percent to $2,408.77 an ounce. The yellow metal fell to its lowest level since July 26, July in the previous session, amid a global sell-off driven by fears of a recession in the United States. U.S. gold futures rose 0.2 percent to $2,449.50.
Source (Al Arabiya.net Website, Edited)
