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Gold scales two-week peak with focus of US CPI data

Gold scales two-week peak with focus of US CPI data

Oct 12 (Reuters) - Gold extended gains to a two-week high on Thursday, as the dollar and Treasury yields ticked down on the Federal Reserve’s cautious tilt in tone ahead of a U.S. inflation print that could offer further rate cues.

Spot gold was up 0.5% at $1,882.59 per ounce by 1138 GMT, its highest level since Sept. 27. U.S. gold futures were up 0.4% at $1,895.40...[LINK]

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