Gold Edges Higher as Softer Oil Eases Inflation Concerns
Spot gold rose 0.4% to $4,182.30 per ounce by 0455 GMT as softer oil prices offered support. Investors assessed the chances of a Federal Reserve rate hike later this year.
Gold prices gained on Monday as lower oil prices lent support, while investors weighed the possibility of a Federal Reserve interest rate hike later this year. Spot gold rose 0.4% to $4,182.30 per ounce by 0455 GMT. US gold futures for December delivery…