India, Sept. 17 -- Gold prices rose sharply on Thursday as oil prices retreated and a global bond selloff paused following Wednesday's hawkish Fed hike.
Spot gold jumped 1.1 percent to $4,309.27 an ounce after touching a six-week low earlier. U.S. gold futures, however, were down 0.9 percent at $4,348.67.
Brent crude futures fell toward $104 a barrel, extending losses from the previous session as reports of additional Saudi crude cargoes through Oman helped ease supply concerns.
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