London — Gold prices rose on Wednesday, helped by a weaker dollar ahead of the release of minutes from the latest US Federal Reserve meeting that could hint at the pace of future interest rate rises. The minutes, to be published at 7pm GMT, come after outgoing Fed chairwoman Janet Yellen said rates should rise gradually but warned she was "very uncertain" that inflation would soon rebound, suggesting a cautious approach to rate increases. Gold is sensitive to rising rates because they tend to boost the dollar, making gold more expensive for holders of other currencies, and push up bond yields, reducing the appeal of nonyielding gold. Spot gold was up 0.2% at $1,283.51 an ounce at 10.34am GMT, while US gold futures for December delivery were 0.1% higher at $1,283.40 an ounce. Gold had benefited from a flattening in the US Treasury yield curve that has supported the yen and pushed the dollar lower, Saxo Bank analyst Ole Hansen said. The US yield curve hit the lowest in a decade on Tue...
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