Gold Rises to Four-Week High as U.S. Orders Data Fuels Fed Bets

Updated on
  • Orders for business equipment stall, U.S. report shows
  • Fed Chair Yellen to Speak in Massachusetts on Thursday

Gold climbed to four-week high after a report showing orders for business equipment stalled in the U.S., fueling speculation that the Federal Reserve will hold off on raising interest rates until next year.

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