Gold ticks higher with focus on US inflation data
Gold inched higher on Tuesday, ahead of the release of US inflation data later in the day that could shed more light on the Federal Reserve's interest rate path. Spot gold was up 0.1% at $3,346.94 per ounce, as of 01:51 GMT. US gold futures were flat at $3,355.60. Silver is benefitting from supply concerns and growing industrial demand.