Gold gains on dollar retreat; Fed rate hike in focus

​​​​​The European Central Bank is expected to raise interest rates by 25 basis points at its policy meeting later this week. IMF Chief Kristalina Georgieva on Saturday warned officials from the Group of 20 major economies to take urgent action to combat inflation, warning that the "exceptionally uncertain" global economic outlook could turn worse if higher prices persisted.

Gold gains on dollar retreat; Fed rate hike in focus
​​​​​The European Central Bank is expected to raise interest rates by 25 basis points at its policy meeting later this week. IMF Chief Kristalina Georgieva on Saturday warned officials from the Group of 20 major economies to take urgent action to combat inflation, warning that the "exceptionally uncertain" global economic outlook could turn worse if higher prices persisted.