Gold hits one-week high as Fed remarks renew rate cut bets
Gold prices extended gains on Tuesday to the highest in more than a week, brushing off a firm dollar, after dovish comments from Fed policymakers revived prospects of a US rate cut in December. Spot gold rose 0.2% to $4,147.51 per ounce, as of 0303 GMT, the highest since November 14, building on a 1.8% advance on Monday.