Gold rises off one-month low on softer dollar; hawkish Fed caps gains
Gold prices rose on Thursday after briefly touching a more than one-month low, as a softer dollar offered support, but gains were capped by a hawkish Federal Reserve, which has limited hopes for near-term rate cuts. Spot gold added 0.8% to $4,856.82 per ounce as of 0115 GMT, after falling to its lowest since February…
