Gold rises 1.4% as dollar slips and oil prices fall
New York gold futures gained 1.4% to $4,216.70 an ounce in early European trading as the U.S. dollar index eased and oil prices were lower, with participants reassessing the inflation and interest-rate outlook.
Gold climbs more than 1% as a softer dollar and lower oil prices support the metal, while market participants reassess the inflation and interest-rate outlook. 70 an ounce. S. 20, making dollar-priced bullion cheaper for buyers using other currencies.