Gold Slips as Dollar Rises, Markets Await US Inflation Data
Singapore, October 13 (QNA) - Gold prices eased on Tuesday as the US dollar held firm, while markets focused on upcoming US inflation prints for fresh signals on the Federal Reserve’s interest-rate trajectory.
Spot gold fell 0.2% to $4,164.45 per ounce by 0201 GMT after hitting a one-week peak on Monday.
US gold futures for December delivery fell 0.1% at $4,187.90.
The Consumer Price Index (CPI) is due on Wednesday, and the Producer Price Index (PPI) report is scheduled for Thursday.
Among other metals, spot silver eased 0.5% to $60.01, platinum fell 0.2% to $1,682.47, and palladium fell 0.5% to $1,137.69. (QNA)
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