Gold rebounds from one-year low as oil prices slide
Spot gold rose 0.6% to $3,899.29 per ounce by 1101 GMT on Monday, after reaching a one-year low. The report cited lower oil prices and easing inflation concerns.
By Sherin SansGold prices rebounded from a one-year low on Monday as a drop in oil prices eased some inflation concerns, while investors turned their focus to this week's US midterm elections and their broader impact on fiscal policies.Spot gold (XAU) rose 0.6% to $3,899.29 per ounce by 1101 GMT.It…