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 rises over 1% as dollar softens, oil cools
Spot gold gained 1.4% to $4,189.99 by 0842 GMT and was set for a weekly gain after a softer US dollar and cooling oil prices.
Gold rises over 1% as dollar softens, oil rally eases
Spot gold was up 1.2% at $4,312.05/oz at 0848 GMT after the dollar softened and easing oil prices supported the move as traders reassessed the Fed’s latest rate hike and outlook for further tightening.
Gold rises to highest since mid-May as dollar softens
Gold climbs nearly 1% to above $4,650 an ounce, its highest since mid-May, as a subdued dollar lifts bullion and markets await US inflation data and Federal Reserve Chair Kevin Warsh comments.