Gold Dips for Fourth Session as Oil Rally Fuels Inflation Concerns
Spot gold was down 0.2% at $4,115.96 per ounce by 0717 GMT on Wednesday. Higher oil prices stoked inflation concerns as investors looked to next week's Federal Reserve meeting for clues on interest rates.
By Sukanya MitraGold eased for a fourth session on Wednesday as higher oil prices stoked inflationary concerns, while investors looked ahead to next week's Federal Reserve policy meeting for clues on the future path of interest rates.Spot gold TVC:GOLD was down 0.2% at $4,115.96 per ounce by 0717 G…