Bullion firms as monetary-driven speculation runs out of steam

09.07.2019

Gold firmed above $1,400 an ounce on Monday, helped by expectations the U.S. Federal Reserve would stay on course with an interest rate cut this month despite robust U.S. jobs data and as global growth concerns linger.

Spot gold was 0.4% higher at $1,404.58 per ounce at 1205 GMT. U.S. gold...