Gold rallies 2.5% ahead of Fed meeting

Precious metals posted gains on Monday with spot gold surging 2.5%, as investors awaited the Federal Reserve's decision due later this week and continued to watch for developments in the trade war between the United States and China.The yellow metal jumped 2.51% to go for $3,318.59 per ounce at 8:29 am ET. Silver gained 1.25% to sell for $32.42 per ounce at 8:30 am ET and palladium added 0.70% to reach $946.24 per ounce at the same time. Meanwhile,...

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