FOX LIVE NEWS UPDATE

PRECIOUS-Gold up on a softer dollar; U.S. CPI, Fed minutes in focus

April 11 (Reuters) – Gold prices rose early on Wednesday as the dollar index hovered near two-week lows, with markets awaiting key U.S. inflation data and minutes from the Federal Reserve’s March meeting.

FUNDAMENTALS

* Spot gold XAU= was on track for a fourth straight session of gains, up 0.2 percent at $1,341.26 an ounce as of 0114 GMT. Prices earlier rose to a one-week high of $1,342.64 an ounce.

* U.S. gold futures GCcv1 were unchanged at $1,346 an ounce.

* The dollar index .DXY , which measures the greenback against six other major currencies, was steady at 89.567, not far from a two-week low of 89.544 hit on Tuesday. USD/

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