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Gold $3,286.06 $10.69 0.33% Silver $37.08 $(0.04) -0.12% Platinum $1,307.90 $(4.54) -0.35% Palladium $1,211.85 $(15.06) -1.23%

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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