Gold Erases Loss for 2015 (IAU) (GLD)

Gold is said to have erased its losses for 2015 as the metal ticks higher amid speculation of a delayed rate hike by the Fed.

December contracts rose 0.7 percent to settle at $1,187.50 per ounce today, capping a five-session rally. The precious metal is now up about 0.3 percent for the year, though prices were slightly higher intraday.

About half of the 41 analysts surveyed by Bloomberg see the metal with an overall loss for 2015.

Related ETFs include: SPDR Gold Trust (NYSE: GLD) and iShares Gold Trust (NYSE: IAU).

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