Gold stuck in tight range as traders brace for US inflation data - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Wednesday, 9 February 2022

Gold stuck in tight range as traders brace for US inflation data

Gold prices were stuck in a tight range on Thursday as investors awaited U.S. inflation data that could offer fresh clues about the pace of the Federal Reserve's monetary policy tightening. Spot gold was steady at $1,833.26 per ounce by 0113 GMT, hovering close to Wednesday's high of $1,835.60. U.S. gold futures fell 0.1% to $1,834.30.

from Commodities-Markets-Economic Times
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