Gold rises as dollar softens; investors await US inflation data
Gold climbed on Wednesday, supported by a softer U.S. dollar, while investors weighed Middle East price pressures and awaited key inflation data for the Federal Reserve’s outlook. Spot gold rose 1.1% to $4,401.09/oz by 0825.
S. dollar, while investors weighed price pressures from renewed attacks in the Middle East and waited for key inflation data for clues on the Federal Reserve's policy outlook. 09 per ounce by 0825.