Gold Price Update: Bullion Rises After 4% Weekly Decline
SINGAPORE: Gold prices edged higher at the start of the new trading week on Monday, while silver also recorded gains. Softer oil prices helped ease some inflation concerns, providing support to bullion, although investors remained focused on the US Federal Reserve’s upcoming interest rate decision. Spot gold rose 0.4% to $4,009.87 per ounce by 0342 GMT on Monday. The metal had touched its lowest level since mid-July in the previous...
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