Gold prices nudged higher on Tuesday, after a sharp decline in the previous session, as investors looked forward to US inflation data that could offer further insight into the Federal Reserve's rate-cut trajectory. Spot gold was up 0.2% at $3,350.03 per ounce, as of 01:46 GMT. US gold futures for December delivery were steady at $3,402.80.
short by
/
09:35 am on
12 Aug