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Gold rises as investors digest Fed hike, oil rally stalls

GOLD rose on Thursday as investors digested the U.S. Federal Reserve's interest rate hike and its signal that further policy tightening could follow, while an earlier rally in oil prices faded.

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投资者消化美联储加息消息,黄金价格上涨,油价涨势停滞。

GOLD rose on Thursday as investors digested the U.S. Federal Reserve's interest rate hike and its signal that further policy tightening could follow, while an earlier rally in oil prices faded.

Spot gold was up 1.2% at $4,314.64 per ounce, as of 0710 GMT, after hitting a near six-week low on Wednesday. U.S. gold futures for December delivery were down 0.8% to $4,353.90.

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