Gold gains ground above $4,150 as Fed avoids policy signals, geopolitical risks stay in focus

Gold price (XAU/USD) drifts higher to around $4,175 during the early Asian trading hours on Monday. The precious metal recovers amid fading expectations for a Federal Reserve (Fed) rate hike. Traders will closely monitor the developments surrounding geopolitical risks and Middle East tensions.
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Canadian Dollar holds gains against subdued US Dollar as Fed pause expectations rise

USD/CAD inches higher after opening at a bearish gap, remaining in negative territory, trading around 1.4120 during Asian hours on Monday. The currency pair remains subdued as the US Dollar (USD) struggles under fading expectations for a Federal Reserve (Fed) rate hike in October.
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