Gold continued its fifth consecutive session of gains on Monday, as conflicting statements from U.S. Federal Reserve officials led traders to reduce their bets on further monetary easing next year. The market reacted to mixed signals from the regulator, leading to increased demand for safe-haven assets.
Gold Extends Rally as Fed Officials Send Mixed Signals
Gold continued its fifth consecutive session of gains on Monday, as conflicting statements from U.S. Federal Reserve officials led traders to reduce their bets on further monetary easing next year.