Gold Hits Near One-Week Low as Oil Prices Rise
Spot gold held steady Wednesday after touching its lowest level in nearly a week, as rising oil prices revived inflation concerns.
By Vishak MathewGold prices held steady on Wednesday after touching their lowest level in nearly a week, as a rally in oil prices revived inflation concerns while investors awaited next week's Federal Reserve meeting for clues on the interest rate outlook.Spot gold TVC:GOLD was at $4,127.53 per oun…