Gold rises 0.3% to $4,484.20 in early Asian trade

  • Gold rises during early Asian trading as market sentiment improves
  • Spot gold gains 0.3% to $4,484.20 a troy ounce
  • ANZ Research cites a weaker dollar and tempered rate hike expectations

Gold gained in early Asian trading as a weaker U.S. dollar and slightly more dovish comments from U.S. policymakers reduced expectations for further rate hikes. Spot gold rose 0.3% to $4,484.20 a troy ounce, ANZ Research said in a note.

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