Gold Edges Higher as Oil Prices Ease; Fed Decision in Focus
Spot gold rose 0.4% to $4,009.87 per ounce by 0342 GMT on Monday, after hitting its lowest level since mid-July. Softer oil prices tempered inflation concerns as investors awaited the Federal Reserve's policy decision later this week.
By Sukanya MitraGold prices edged higher on Monday as softer oil prices tempered inflation concerns, while investors awaited the Federal Reserve's policy decision later this week.Spot gold TVC:GOLD rose 0.4% to $4,009.87 per ounce by 0342 GMT, after hitting its lowest level since mid-July in the pr…