Home / News / Gold prices hold firm ahead of US inflation data

Gold prices hold firm ahead of US inflation data

Gold prices were little changed on Wednesday as investors braced ‌for US consumer price index data due later in the day to gauge the Federal Reserve’s latest monetary policy stance.

Spot gold held steady at $4,159.45 per ounce by 02:51 GMT. US gold futures for December delivery edged 0.1 percent higher to $4,182.60.

Among other metals, spot silver eased 0.6 percent to $59.11 per ounce, platinum steadied at $1,664.19 and palladium gained 0.4 percent to $1,130.81.

Check Also

US stocks dip as semiconductor losses weigh on Nasdaq Composite

US stocks ended slightly lower on Tuesday, retreating from record highs reached last week, with …