Gold Rises 0.7% to $4,200.80 as U.S. Dollar Softens
New York gold futures rose 0.7% to $4,200.80 a troy ounce as the U.S. dollar softened.
Gold prices rise on a softer U.S. dollar, with New York futures up 0.7% to $4,200.80 a troy ounce. "Hotter-than-expected consumer and producer inflation readings have failed to trigger renewed selling, with the rebound instead supported by falling bond yields, a softer dollar and a midweek wobble i…