Gold Rises 1% as Dollar Eases From One-Week Low
Spot gold rose 1% to $4,146.74 on Thursday as the US dollar eased. Investors assessed the likelihood of a Federal Reserve rate increase this month after a hot inflation report.
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Gold rises 1.3% as dollar eases, rebounding from one-week low
Spot gold was up 1.3% at $4,158 after a one-week low in the previous session. Investors assessed the likelihood of a Federal Reserve rate increase this month following a hot inflation report.