Gold rises more than 1% on softer dollar
Gold futures advanced more than 1% in early European trading as the dollar weakened and oil prices slipped. Market participants also were reassessing the inflation and interest-rate outlook.
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Gold futures advanced more than 1% in early European trading as the dollar weakened and oil prices slipped. Market participants also were reassessing the inflation and interest-rate outlook.
State Street Investment Management strategists said gold’s structural bull-cycle drivers remain intact, citing record government debt, physical demand and uncertainty.