Gold Climbs to One-Month High as Dollar Drops Before Fed Meeting

Updated on
  • Bullion prices up a fourth day in longest run in a month
  • Fed expected to stand pat this week, raise rates by year-end

Gold rose to the highest in almost a month as the dollar weakened and investors awaited the U.S. Federal Reserve’s interest-rate decision on Wednesday. Shares of gold-mining companies also advanced.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.