Gold Steadies as Traders Weigh Fed Rate Path and Mideast Tension

La República

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Monetary markets are discounting a probability of about one out of three from a rate rise in September

Vanguardia

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Gold is listed at $4,395 per ounce this Thursday, and operators are collecting profits after two months of sustained rally. Cash silver was back 0.5% to $64.99 per ounce, a day after setting its highest level since June 22. The movement replicates the dynamics of gold with an important difference: silver has been in supply deficit for four consecutive years, and that imbalance is not resolved by a profit-taking session. At 65 per ounce, silver i…