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"Gold rose for a second day on Tuesday onlower expectations that the U.S. Federal Reserve will raiseinterest rates this year due to mixed macro economic signalsfrom the world's largest economy. FUNDAMENTALS * Spot gold was up 0.5 percent at $1,345.68 an ounceat 0100 GMT. The metal rose 0.2 percent on Monday. * U.S. gold rose 0.3 percent to $1,351 an ounce. * The greenback was put on the defensive afterweaker-than-expected U.S. data on Friday dented prospects of anear-term rate hike the Fed. * Central bankers and governments must come up with newpolicies to buffer their economies against persistently lowinterest rates that threaten to make future recessions deeperand more difficult to avoid, San Francisco Fed President JohnWilliams said. * The Bank of Japan's policy review could put up for debateits target for expanding base money through massive assetpurchases. * British employers have turned more cautious about hiringand the price of homes for", www.reuters.com
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