Gold Rebounds from One-week Low as Dollar Slips

Gold prices climbed 1% on Thursday, rebounding from a one-week low hit in the previous session as the US dollar eased, while investors assessed the likelihood of a Federal Reserve interest rate increase this month after a hot inflation report. Spot gold rose 1% to $4,146.74 per ounce by ‌0501 GMT, after hitting ‌its lowest since October 7 on Wednesday. ‌US ⁠gold futures for December ⁠delivery…

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