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Gold edges higher as softer oil eases inflation concerns

Spot gold rose 0.4% to $4,010.51 per ounce by 0544 GMT on Monday, after hitting its lowest level since mid-July in the previous session. Investors awaited the Federal Reserve’s policy decision later this week.

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By Sukanya MitraGold 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 $4,010.51 per ounce by 0544 GMT, after hitting its lowest level since mid-July in the previous…