Gold rises over 2% as dollar weakens
Spot gold rose 2.3% to $4,360.36 per ounce by 1:45 p.m., helped by a weaker US dollar and easing oil prices.
Gold climbed more than 2% on Thursday, recovering from a near six-week low in the prior session as easing oil prices and a weaker US dollar offered support, while investors weighed the latest Federal Reserve rate hike. m.