Gold rises 1.4% as Fed outlook weighs
Spot gold gained 1.4% to $4,190.57 per ounce by 0630 GMT, with a softer US dollar and lower oil prices cited amid lingering inflation concerns and the Fed rates outlook.
Gold climbed more than 1% on Friday, supported by a softer US dollar and lower oil prices, as market participants considered lingering inflation worries and the outlook for Federal Reserve interest rates. 57 per ounce by 0630 GMT after reaching a two…