Gold rises 1.3% as dollar eases, rebounding from one-week low
Spot gold was up 1.3% at $4,158 after a one-week low in the previous session. Investors assessed the likelihood of a Federal Reserve rate increase this month following a hot inflation report.
Gold climbed more than 1% on Thursday, recovering from a one-week low reached in the previous session as the US dollar weakened. Investors also weighed the prospect of a Federal Reserve interest rate increase this month following a hot inflation report. 3% to $4,158…