Gold Prices Higher as Possible Fed Rate Rise Seen Later – Wall Street Journal

LONDON–Gold prices were higher on the London spot market Tuesday, as the potential timing of an impending U.S. interest rate raise continued to move into the long grass.

Spot gold prices were up 0.7% at $1,142.11 a troy ounce in morning European trade, having hit a four-day high earlier in the session at $1,144.28 an ounce.

Long-held…