Gold extends gains on easing rate-hike fears, markets await Fed minutes
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Gold rises as rate-hike fears ease
Aug. 18 (Reuters) - Gold rose for a third straight session on Tuesday as fears of a U.S. interest rate hike next month eased, with investors awaiting minutes from the Federal Reserve's latest meeting for fresh clues on the monetary policy path.
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Spot gold XAU= was up 0.4% at $4,431.09 per ounce, as of 0037 GMT, while U.S. gold futures GCcv1 for December delivery edged 0.3% higher to $4,487.70.
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The U.S. dollar remained subdued, making dollar-priced metals less expensive for holders of other currencies. USD/
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The U.S. central bank will keep its key interest rate unchanged next month and through year-end, according to most economists in a Reuters poll.
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Market pricing for a September quarter-point hike flipped to a near-65% chance of a hold, after unexpected job losses in July, lower-than-expected consumer price inflation, and weaker retail sales. FEDWATCH
