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economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
Gold inches higher as traders await US inflation print
Gold prices inched higher on Monday as investors awaited U.S. inflation data, set for release this week, for insights into the Federal Reserve's monetary policy.
FUNDAMENTALS
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-116120310»>* Spot gold was up 0.1% at $2,631.60 per ounce, as of 0009 GMT, after hitting a session high at $2,647.99.
* U.S. gold futures were steady at $2,658.10.
* Traders are now looking forward to U.S. inflation data due on Wednesday.
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