Gold hits one-month peak on lower oil and softer dollar
Gold rose for a third straight session on Wednesday, hitting a one-month peakon a softer dollar and lower oil prices, while investors awaited U.S. jobs data for clues on the interest-rate outlook. Spot gold climbed 2.4% to $4,175.53 per ounce by 0640 GMT, its highest since July 7. U.S. gold futures rose 2% to $4,235.30. The U.S. dollar traded subdued, making greenback-priced metals more attractive to holders of other currencies.