Gold Rises 2.1% From One-Year Low as Oil Prices Retreat
Spot gold rose 2.1% to $3,957.19, rebounding from a one-year low hit in the previous session. Lower oil prices tempered inflation worries as investors awaited US midterm elections later this week.
By Anushree MukherjeeGold prices rose more than 2% on Monday, rebounding from a one-year low hit in the previous session, supported by a retreat in oil prices that tempered inflation worries, while investors awaited US midterm elections later this week.Spot gold TVC:GOLD rose 2.1% to $3,957.19 per…