LOS ANGELES (MarketWatch) — Futures prices for gold rose Monday, stepping higher as some investors wagered the Federal Reserve will hold off on tapering its monetary stimulus program this week.
Gold futures for August delivery /quotes/zigman/6585799 GCQ3 -0.12% rose $1.20, or 0.1%, to $1,388.80 an ounce in electronic trade, with the gain for the dollar-denominated commodity recorded despite an advance in the U.S. dollar /quotes/zigman/1652083 DXY +0.11% .
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