Gold Rises as Lower Oil Prices Ease Inflation Fears Ahead of Fed
Gold rose as lower crude prices eased inflation concerns ahead of the Federal Reserve.
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Gold rose as lower crude prices eased inflation concerns ahead of the Federal Reserve.
Gold rose as lower oil prices eased inflation fears ahead of the Federal Reserve meeting.
Bitcoin rose 0.9% to $82,468 after touching a two-and-a-half-week low, as risk appetite improved on hopes of diplomatic progress in the Middle East conflict. The move also came as oil prices eased and the dollar softened.
Major stock indexes fell, with the MSCI world gauge down 0.83%, as oil prices resumed their rise and Treasury yields extended gains. Spot gold dropped 3.5% to a more than seven-week low.