BusinessPhoto: HT BusinessGold Rises as Softer Oil Prices Ease Inflation Concerns
Gold prices rose modestly on Monday, supported by softer oil prices which eased inflation worries. Spot gold increased 0.4% to $4,182.30 per ounce, while US December gold futures gained 0.5% to $4,203.50. Investors are closely watching the Federal Reserve's potential interest rate hike later this year amid mixed inflation signals, including higher US import prices and easing oil costs after US sanctions on Russia were waived.
HT Business·




