Gold Gains On Shifting Rate Views, Central-Bank Buying – Wall Street Journal

Gold was higher in London on Wednesday, with investors continuing to bet that the U.S. Federal Reserve will delay raising interest rates as other central banks stocked up on the precious metal.

Spot gold was up 0.12% at $1,148.8 a troy ounce in morning European trade.

Gold is currently heading towards a two-week high, gaining as…