Gold rises 0.8% as softer oil eases inflation concerns
Spot gold rose 0.8% to $3,903.90 per ounce by 0757 GMT after selling off in the previous session. Investors also assessed Federal Reserve comments for clues on US interest rates.
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 (XAU) rose 0.8% to $3,903.90 per ounce by 0757 GM…