Gold Edges Higher as Oil and Dollar Retreat Ahead of US Inflation Data
Spot gold rose 0.3% to $4,184.84 per ounce by 1133 GMT as oil prices and the US dollar retreated. Expectations of a Federal Reserve rate hike this month remained subdued ahead of US inflation data due this week.
Gold moved higher on Tuesday as oil prices and the US dollar pulled back. Expectations for a Federal Reserve rate increase this month remained subdued, with key US inflation data due this week. 84 per ounce by 1133 GMT. US gold futures TVC:GOL…