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Gold climbs to two-week high ahead of U.S. inflation data

Reuters  |  NEW YORK/LONDON 

By Devika Krishna Kumar and Zandi ShabalalaNEW YORK/LONDON (Reuters) - Gold prices edged higher to a more than two-week high on Thursday as focus shifted to U.S inflation figures due on Friday which are expected to give more clues on monetary policy.Minutes from a U.S. Federal Reserve September meeting showed policymakers had a prolonged debate about prospects of a pick-up in inflation and slowing the path of future interest rate rises if it did not.The dollar inched up after U.S. data showed new applications for U.S. unemployment benefits last week fell to a more than one-month low after ...

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First Published: Fri, October 13 2017. 01:03 IST