Gold steadies after falling from 15-week peak; rate cut hopes support
(WorldNews Business)

Gold prices were stable on Thursday, hovering below the 15-week high hit in the previous session, supported by trade worries and a possible United States (US) rate cut, even as some investors locked in profits in bullion after a recent rally. Spot gold was up 0.1 per cent to $1,330.69 per ounce as of 0349 GMT, after hitting its highest level since Feb. 20 at $1,343.86 on Wednesday. US gold futures rose 0.1 per cent to...