Stock market trouble pulls bullion out of slump

21.09.2021

Gold rose from an earlier one-month low on Monday as concerns about property group China Evergrande’s solvency drove world shares lower, stoking risk aversion, while traders awaited the outcome of this week’s U.S. Federal Reserve policy meeting.

Spot gold was up 0.3% at $1,760.14 per ounce by 1300 GMT, after earlier...