Gold jumps over 2% as dollar weakens and oil eases
Spot gold rose 2.4% to $4,364.29/oz, rebounding from the prior session’s near six-week low as the US dollar fell and oil prices eased amid assessment of the latest Fed rate hike and policy cues.
Gold rose more than 2% on Thursday, recovering from the previous session’s near six-week low, as softer oil prices and a weaker US dollar supported the metal while investors weighed the latest Federal Reserve rate hike and policy signals. 29 per ounce, as o…