Gold ticks up as traders navigate U.S. debt limit hitch, Fed cues
Written by Black Hot Fire Network on May 22, 2023
Pure 1,000-gram gold bars produced by South Korea's LS-Nikko are stacked in a dealers room in Seoul on January 9, 2009.
KIM JAE-HWAN | AFP | Getty Images
Gold prices edged up on Monday as drawn-out discussions around the U.S. debt ceiling and Federal Reserve Chair Jerome Powell's less-hawkish comments added to the safe-haven bullion's appeal.
