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Gold rises 0.3% to $4,206.01 as investors await US inflation data

Spot gold rose 0.3% to $4,206.01 per ounce as of 0253 GMT, supported by a softer dollar and lower oil prices. Investors awaited US inflation data due this week for clues on the Federal Reserve’s next policy move.

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Gold gained on Monday, helped by a weaker dollar and lower oil prices, while investors awaited key US inflation data due this week for signals about the Federal Reserve’s next policy move. 01 per ounce as of 0253 GMT, after reaching its highest level since Oct…