Gold gains on weaker oil, dollar; US inflation data in focus
Gold rose on Monday , supported by a softer dollar and lower oil prices , as investors awaited key US inflation data this week for clues on the Federal Reserve’s next policy move. Spot gold was up 0.3% at $4,206.01 per ounce, as of 0253 GMT, after hitting i...
Gold rose on Monday , supported by a softer dollar and lower oil prices , as investors awaited key US inflation data this week for clues on the Federal Reserve’s next policy move. Spot gold was up 0.3% at $4,206.01 per ounce, as of 0253 GMT, after hitting its highest since October 2 earlier in the day. US gold futures for December delivery gained 0.3% to $4,230.40. “Softer oil prices on the back of Trump’s repor...