Gold Steadies Amid Fed Rate Hike Expectations

Precious-Gold steadied on Monday after posting its seventh weekly decline last week as the U.S. jobs report raised expectations the Fed could raise its borrowing cost next month. The yellow metal hit a high of $1098.37 an ounce, while it currently trading at $1094.40, after opening at $1094.42.

from Energy and Metal Commentaries http://ift.tt/1Wcch1x