Gold rose more than 1% on ​Monday as a

pause in Middle East hostilities ⁠sent oil prices lower,

alleviating some inflation concerns, while investors awaited the

U.S. Federal Reserve's policy decision.Spot gold rose 1.4% to $4,110.56 per ounce by ‌0200

GMT. U.S. gold futures gained 1% to $4,112.10."Gold is a clear beneficiary today of the dual price action