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Gold $3,345.16 $28.92 0.87% Silver $37.80 $0.45 1.22% Platinum $1,337.70 $23.97 1.82% Palladium $1,116.00 $4.29 0.39%

Gold rebounds as US dollar, yields slip with eyes on Fed guidance

Gold rebounds as US dollar, yields slip with eyes on Fed guidance

Feb 27 (Reuters) - Gold prices inched up on Tuesday, buoyed by a weaker U.S. dollar and bond yields, ahead of a key inflation report and comments from Federal Reserve officials for further clues on when interest rate cuts will commence.
 
Spot gold was up 0.4% at $2,038.15 per ounce as of 1229 GMT, hovering near its highest since Feb. 7 hit on Friday. U.S. gold futures rose 0.4% to $2,047.30 per ounce...[LINK]
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