Gold rebounds 0.7% from one-year low as oil slides
Spot gold rose 0.7% to $3,902.03 an ounce by 1239 GMT on Monday. The report said lower oil prices eased some 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 0.7% to $3,902.03 per ounce by 1239 GMT.It…