Gold edges higher as inflation risks and Fed path eyed
Spot gold rose 0.3% to $4,147.77/oz by 0043 GMT after a two-month low earlier in the week, as markets weighed persistent inflation concerns and the Federal Reserve interest-rate trajectory.
Gold prices moved up on Friday as market participants weighed persistent inflation concerns and the outlook for Federal Reserve interest rates. 77 per ounce by 0043 GMT after falling to a two-month low on Wednesday. US gold futures for December were also higher.