Gold prices rise after benign US CPI data; dollar weakens
Spot gold rose 0.1% to $2,6675.90 an ounce, while gold futures expiring in February rose 0.3% to $2,690.91 an ounce by 23:59 ET (04:49 GMT). Markets were now focused squarely on upcoming consumer price index inflation data, due later on Wednesday, for more cues on interest rates.
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Gold prices trade higher ahead of US CPI data. It hit an intraday high of $2685 and currently trading around $2683.
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Gold price has been resilient amid broader gains by the dollar against major currencies. Here's why the momentum is unlikely ...
The gold market continues to see a lot of noisy trading, but is slightly positive during the session on Wednesday, as the CPI ...
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