Gold rebounds from one-week low as dollar slips
Gold rose more than 1% on Thursday , rebounding from a one-week low hit in the previous session as the US dollar eased, while investors assessed the likelihood of a Federal Reserve interest rate increase this month after a hot inflation report. Spot gold wa...
Gold rose more than 1% on Thursday , rebounding from a one-week low hit in the previous session as the US dollar eased, while investors assessed the likelihood of a Federal Reserve interest rate increase this month after a hot inflation report. Spot gold was up 1.3% at $4,158.63 per ounce, as of 0257 GMT, after hitting its lowest since October 7 on Wednesday. US gold futures for December delivery rose 1.8% to $4...