Skip to contentGold flat ahead of key U.S. inflation data.
Gold prices were flat on Wednesday, as traders awaited key U.S. inflation data due this week to gauge the Federal Reserve’s rate hike stance.
FUNDAMENTALS
* Spot gold was little changed at $1,876.49 per ounce, as of 0023 GMT. U.S. gold futures rose 0.3% to $1,881.30.
* All eyes are on the U.S. consumer price index (CPI) data due on Thursday.
* Fed Chair Jerome Powell did not comment on the Fed’s monetary policy at the central bank conference in Sweden held on Tuesday.
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