Gold began the month of October on a positive note after rates declined throughout September. Gold price today jumped after bullion rates fell more than six per cent during previous month. Spot gold was up 0.6 per cent to $4,183.22 per ounce.
Gold prices rose on Thursday, because of softer-than-expected US inflation report that lowered expectations of a Federal Reserve rate hike in October, although rising Treasury yields and a strong dollar limited further gains.
