• +1 (312) 549-9986

Gold $4,367.10 $11.15 0.26% Silver $52.49 $0.02 0.05% Platinum $1,624.05 $(5.52) -0.34% Palladium $1,501.62 $(2.18) -0.15%

Gold firms on softer dollar as U.S. inflation test looms

Gold firms on softer dollar as U.S. inflation test looms

Aug 10 (Reuters) - Gold firmed on Thursday buoyed by a softer dollar but was hemmed into a relatively tight range as traders positioned for U.S. inflation readings that could steer the Federal Reserve’s monetary policy.

Spot gold rose 0.4% to $1,921.32 per ounce by 1125 GMT, bouncing up slightly after touching its lowest level since July 10 on Wednesday. U.S. gold futures edged up 0.2% to $1,954.60...[LINK]

Leave your comment