Gold prices steady as Fed fears ease, copper rises on China stimulus


Source: investing.com investing.com

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Published Nov 20, 2023 12:45AM ET © Reuters. XAU/USD -0.01% Add to/Remove from Watchlist Gold -0.10% Add to/Remove from Watchlist Copper +0.46% Add to/Remove from Watchlist Investing.com-- Gold prices were muted on Monday, but retained a bulk of last week’s gains as easing concerns over rising U.S. interest rates pulled down the dollar. Industrial metals saw strong gains, with copper prices rising 0.6% to a 1-½ month high on the prospect of more stimulus measures in major importer China. A weaker dollar helped commodity prices across the board, as a string of weak labor and inflation readings over the past...