India, Sept. 1 -- Gold hit a more than four-month high on Monday amid increased bets for a U.S. Federal Reserve interest-rate cut this month.
Investors also looked ahead to key jobs data and monitored Fed Governor Lisa Cook's fight to block her dismissal by President Trump.
Spot gold climbed 0.7 percent to $3,471.51 per ounce in European trade, while U.S. gold futures were up 0.7 percent at $3,541.
The U.S. dollar fell to a five-week low against a basket of currencies after a U.S. federal appeals court has delivered a stunning legal blow to President Donald Trump's trade policy, ruling that the majority of his sweeping tariffs were illegal and that the president overstepped his authority in imposing a series of tariffs -- including dutie...