BusinessPhoto: HT BusinessGold Rises Over 1% as Softer Oil Prices Ease Inflation Concerns
Gold prices rose more than 1% on Monday, with spot gold climbing to $4,123.46 per ounce and US gold futures also up 1.4%. The rise followed a drop in oil prices after US President Donald Trump indicated a low likelihood of further attacks on Iran, easing fears of supply disruptions. Lower oil prices reduce inflation pressures and expectations of prolonged high interest rates, benefiting gold.
HT Business·



