Gold Edges Lower as Investors Await U.S. Inflation Data
Gold edged lower in early Asian trade as investors awaited U.S. inflation data. ANZ Research analysts said lower oil prices and a rebound in equities had boosted risk appetite.
Gold edges lower in early Asian trade. The precious metal has gained some momentum as lower oil prices and a rebound in equity markets boosted risk appetite, ANZ Research analysts say in a note. Investors believe a Democratic-controlled Congress could bring more fiscal constraint, they say. Markets…