Gold price rises as markets increase their bets of interest rates coming down in the US. The Chinese Caixin services PMI data remains in expansive territory, supporting the outlook for a key market for Gold. Central bank buying of Gold remains strong in March, according to the World Gold Council.
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions against six officials associated with the Iranian intelligence agency for attacking critical infrastructure entities in the U.S.…