Gold edges higher, on track for back-to-back gains

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Gold edges higher, on track for back-to-back gains
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Gold prices rise as investors assess the outlook for interest rates ahead of next week's meeting of Federal Reserve policy makers.

Gold futures rose Tuesday as investors assessed the outlook for interest rates ahead of next week’s meeting of Federal Reserve policy makers.

Fed-funds... Gold futures rose Tuesday as investors assessed the outlook for interest rates ahead of next week’s meeting of Federal Reserve policy makers. Fed-funds futures traders have priced in a probability of less than 20% for a quarter percentage point rate hike in June, down from nearly 67% a week ago, but they still see a better than 60% chance that rates will rise by the end of the Fed’s July meeting.

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