Gold poised for 4th weekly fall as investors hone in on US inflation

Gold prices edged higher on Friday but were headed for a fourth straight weekly fall as investors kept to the sidelines ahead of key U.S. inflation data that could influence the Federal Reserve's next policy move. Spot gold rose 0.1% to $1,776.23 per ounce by 0057 GMT. U.S. gold futures gained 0.1% to $1,778.60.

from Commodities-Markets-Economic Times
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