Gold steadies as investors await US inflation data for taper cues - Finance & Business News, Stock Market updates & Reviews | Themarkettrendz

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Tuesday, 12 October 2021

Gold steadies as investors await US inflation data for taper cues

Gold steadied on Wednesday as investors awaited U.S. inflation data and minutes from the Federal Reserve's last policy meeting for clues as to when the central bank would start withdrawing its pandemic stimulus. Spot gold was flat at $1,760.46 per ounce by 0015 GMT. U.S. gold futures rose 0.1% to $1,761.20.

from Commodities-Markets-Economic Times
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