A federal appeals court blocked President Trump from firing Federal Reserve governor Lisa Cook, just ahead of a key vote on interest rates.

Bullion on Tuesday surpassed Monday’s all-time high of around $3,685 an ounce, where it was also supported by a gauge of the US dollar falling to the lowest in more than seven weeks.

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The Trump administration is expected to quickly turn to the Supreme Court in a last-ditch bid to unseat Cook. The Fed’s next two-day meeting to consider its next interest rate move begins Tuesday ...