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Gold rises on softer oil; Markets parse Fed signals
Gold prices bounced on Monday, after a selloff in the previous session, as weaker oil prices tempered inflation concerns, while investors assessed comments from the Federal Reserve for clues on the path of US interest rates. Spot gold rose 0.7% to $3,900.90 per ounce by 0440 GMT after hitting a one-year low in the previous session. US gold futures for December delivery gained 0.3% to $3,909.70. Bullion slumped 3.5% to its lowest since October 2025 on Friday, falling below its key $4,000 per ounce level amid a selloff in technology stocks that led to the forced sale of safe-haven assets such as...
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