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Spot gold rose 0.4% to $4,009.87 per ounce by 0342 GMT on Monday, after hitting its lowest level since mid-July. Softer oil prices tempered inflation concerns as investors awaited the Federal Reserve's policy decision later this week.
Spot gold rose 0.2% to $4,171.65 per ounce by 0853 GMT on Monday, as lower oil prices eased inflation concerns ahead of next week's Federal Reserve meeting. The Fed is widely expected to hold rates steady.