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Gold prices edge higher with US inflation data in focus

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reuters.com/markets/commodities/gold-flat-traders-gear-up-us-inflation-data-2023-05-08

Gold prices edged higher on Monday as the dollar eased, while investors awaited a key U.S. inflation data due this week that could influence the Federal Reserve's monetary policy stance.
Spot gold was up 0.2% at $2,020.80 per ounce, as of 0634 GMT. U.S. gold futures also climbed 0.2% at $2,029.30.
The dollar index dipped 0.1%, making bullion more attractive to overseas…

This story from reuters.com was posted on 2023-05-08 by @crystal.

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