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Gold rises 0.3% as softer oil eases inflation concerns

Gold prices rebounded after the previous session’s selloff as weaker oil prices tempered inflation concerns and investors assessed Federal Reserve comments on the path of US interest rates. December gold gained 0.3% to $3,909.

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By Sukanya MitraGold prices bounced on Monday, after a selloff in the previous session, as weaker oil prices tempered inflation concerns, while investors assessed comments from the Federal Reserve for clues on the path of US interest rates.Spot gold GCcv1 for December delivery gained 0.3% to $3,909…

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