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Gold gains more than 1% as softer oil prices ease inflation worries

By Sukanya MitraGold rose more than 1% on Monday as softer oil prices eased inflation concerns, while investors awaited key US inflation data and fresh signals from the Federal Reserve on its policy outlook.Spot gold TVC:GOLD climbed 1.6% to $4,129.69 per ounce by 0220 GMT, while US gold futures TV…

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By Sukanya MitraGold rose more than 1% on Monday as softer oil prices eased inflation concerns, while investors awaited key US inflation data and fresh signals from the Federal Reserve on its policy outlook.Spot gold TVC:GOLD climbed 1.6% to $4,129.69 per ounce by 0220 GMT, while US gold futures TV…

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