• +1 (312) 549-9986

Gold $3,813.48 $(19.66) -0.51% Silver $46.22 $(0.72) -1.53% Platinum $1,558.72 $(42.95) -2.68% Palladium $1,240.39 $(26.26) -2.07%

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