Gold recovers from 4-month low, tracks oil price rally
22 Apr 2019
Gold inched up on Monday, moving away from a near 4-month trough touched in the previous session, drawing support from a drop in equities and a jump in crude oil prices. Spot gold was up 0.3 per cent at $1,278.74 per ounce, as of 0927 GMT, having touched $1,270.63 in the previous session - its lowest since Dec.27, 2018.