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Gold $3,644.45 $18.78 0.52% Silver $41.14 $0.28 0.69% Platinum $1,388.72 $16.52 1.2% Palladium $1,152.10 $12.89 1.13%

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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