Bullion, peers veer up on faltering monetary framework


Gold prices rose more than 1% on Wednesday helped by a tepid U.S. dollar, as investors braced for a potentially aggressive interest rate hike from the Federal Reserve.

Spot gold rose 1.2% to $1,829.99 per ounce by 1225 GMT while U.S. gold futures gained 1.1% to $1,832.70.

The dollar index was down...