Gold prices rise after bumper Fed rate cut; copper upbeat on China stimulus
Spot gold rose 0.3% to $2,593.31 an ounce, while gold futures expiring in December rose 0.2% to $2,618.40 an ounce by 00:43 ET (04:43 GMT). Safe haven demand for gold was also aided by worsening tensions in the Middle East, after Israel allegedly exploded electronic devices used by Hezbollah, drawing vows of retaliation.