• +1 (312) 549-9986

Gold $3,324.46 $8.4 0.25% Silver $37.17 $(0.17) -0.46% Platinum $1,316.28 $2.94 0.22% Palladium $1,109.30 $(2.2) -0.2%

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