Gold rises 0.6% as oil prices ease inflation fears ahead of Fed meeting
Spot gold rose 0.6% to $4,020.60 per ounce, rebounding from the previous session’s more than three-month low, as retreating oil prices tempered inflation concerns ahead of this week’s US Federal Reserve meeting.
By Noel JohnGold prices rose on Monday, rebounding from the previous session's more than three-month low, as retreating oil prices tempered inflation concerns ahead of this week's US Federal Reserve meeting.Spot gold TVC:GOLD rose 0.6% to $4,020.60 per ounce by 2:09 p.m. EDT (1809 GMT) after hittin…