Gold rises more than 1% as dollar softens
Gold futures climbed 1.4% in early European trading as the dollar eased and oil prices fell. Traders are also reassessing the inflation and interest-rate outlook.
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Gold futures climbed 1.4% in early European trading as the dollar eased and oil prices fell. Traders are also reassessing the inflation and interest-rate outlook.
The Canadian dollar weakened versus the U.S. dollar and Canada’s benchmark government debt yield climbed, with USD/CAD down 0.1% to C$1.4264.