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Gold $2,366.86 $(18.69) -0.78% Silver $28.06 $(0.79) -2.74% Platinum $963.86 $(8.11) -0.83% Palladium $1,021.68 $(9.71) -0.94%

Gold retreats as dollar, yields firm; US inflation data in focus

Gold retreats as dollar, yields firm; US inflation data in focus

Aug 7 (Reuters) - Gold prices receded on Monday as the U.S. dollar and Treasury yields gained after traders digested Friday’s jobs report, with attention turning to U.S. inflation data later this week.

Spot gold was down 0.4% at $1,934.89 per ounce by 1122 GMT, having slid to its lowest since July 11 on Friday before settling 0.4% higher. U.S. gold futures eased 0.3% to $1,969.70...[LINK]

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