• +1 (312) 549-9986

Gold $4,983.02 $46.59 0.94% Silver $103.18 $6.6 6.84% Platinum $2,766.96 $130.83 4.96% Palladium $2,006.35 $95.45 4.99%

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