Gold edges lower as focus shifts to US inflation data

Gold prices eased on Tuesday as investors took profits after bullion’s more than 1% rally in the previous session and awaited US inflation data for clues on the Federal Reserve’s policy path. Spot gold was down 0.6% at $4,114.48 per ounce, as of 0430 GMT. US gold futures for December delivery edged 0.2% higher to $4,123.50. “It’s just a bit of churn in the market. Prices are easing back from the…

First reported by Business Recorder 23 min ago1 source

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Business Recorder06:3223 min ago
Gold edges lower as focus shifts to US inflation data (opens Business Recorder in a new tab)
Gold prices eased on Tuesday as investors took profits after bullion’s more than 1% rally in the previous session and awaited US inflation data for clues on the Federal Reserve’s policy path. Spot gold was down 0.6% at $4,114.48 per ounce, as of 0430 GMT. US…

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