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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 stems monthly loss before key US inflation print

Gold stems monthly loss before key US inflation print

Aug 31 (Reuters) - Gold firmed near one-month highs on Thursday to cap this month’s losses as the odds of another U.S. interest rate hike were trimmed by data earlier this week pointing to a slowing labor market, while traders keep their eyes peeled for the upcoming inflation reading.

Spot gold was up 0.1% higher at $1,944.74 per ounce by 1003 GMT, close to its Aug. 2 high of $1,948.79 hit on Wednesday. U.S. gold futures were down 0.1% to $1,971.50...[LINK]

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