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(Bloomberg) -- Gold inched higher as Treasury yields pared their recent surge, with traders temporarily looking beyond the Federal Reserve’s aggressive interest-rate hike path. Most Read from BloombergWinners and Losers in Democrats’ Signature Tax and Energy BillTech Drives Stock Losses After Rally Sputters: Markets WrapCarlyle CEO Resigns in Sudden Reversal of Generational ShiftR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBullion rose as much as 0.8%, rebounding

(Bloomberg) -- A group of Chinese companies are investigating why a commodities storage site in northern China is holding only one third of the copper concentrate they were financing, according to people familiar with the situation.Most Read from BloombergSneakerhead Accused of Running Huge Air Jordan Ponzi SchemeHow a Celebrity CEO’s Rule of Fear Helped Bring Down Hot Startup ZilingoChina Warns Airlines to Avoid ‘Danger Zones’ Around TaiwanTraders from more than a dozen mostly state-owned firms

(Bloomberg) -- Gold climbed after the US economy shrank for a second consecutive quarter, pushing the dollar and Treasury yields lower, and clouding the outlook for further aggressive interest-rate hikes as the Federal Reserve fights inflation. Most Read from BloombergRockstar Games Cleaned Up Its Frat-Boy Culture — and Grand Theft Auto, TooUS Economy Shrinks for a Second Quarter, Fueling Recession FearsFed Hikes 75 Basis Points Second Time, Signals Third Is PossibleBiden Considers New Pause on

The Federal Reserve is expected to raise interest rates by another 0.75% on Wednesday afternoon.