• +1 (312) 549-9986

Gold $3,329.27 $34.14 1.04% Silver $33.13 $0.1 0.31% Platinum $1,092.50 $14.79 1.37% Palladium $1,005.25 $0.65 0.06%

Gold firms on softer dollar as U.S. inflation test looms

Gold firms on softer dollar as U.S. inflation test looms

Aug 10 (Reuters) - Gold firmed on Thursday buoyed by a softer dollar but was hemmed into a relatively tight range as traders positioned for U.S. inflation readings that could steer the Federal Reserve’s monetary policy.

Spot gold rose 0.4% to $1,921.32 per ounce by 1125 GMT, bouncing up slightly after touching its lowest level since July 10 on Wednesday. U.S. gold futures edged up 0.2% to $1,954.60...[LINK]

Leave your comment