* U.S. gold futures hit session high at $1,592/oz * Markets eye U.S. Fed's Bernanke semi-annual testimony (Updates prices, adds comments, changes dateline from Singapore) By Clara Denina LONDON, Feb 25 (Reuters) - Gold rose on Monday, as rallying stock markets and a broadly lower dollar helped the metal recoup some of last week's losses, but investors were cautious ahead of Fed Chairman Ben Bernanke's testimony to Congress later this week. Analysts said the market was also finding background support from a downgrade of Britain's credit rating by Moody's and signs that Japan would continue with ultra easy monetary policy. Spot gold rose 0.7 percent to...
0 Responses to PRECIOUS-Gold bounces on stronger euro; focus on Fed testimony