Gold Futures Rise 0.8% to $4,063.90 an Ounce
New York gold futures rise after Tuesday’s slide, while stronger-than-expected U.S. inflation data and expectations for higher rates next month cap gains.
Gold prices tick higher after Tuesday's slide, but further gains are capped by stronger-than-expected U.S. inflation data and expectations of higher interest rates next month. New York futures rise 0.8% to $4,063.90 a troy ounce. A firmer dollar and rate-hike expectations weighed on bullion in the…