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Gold steady ahead of U.S. consumer data

Reuters 

By Vijaykumar Vedala(Reuters) - Gold prices held steady on Wednesday as investors awaited October consumer inflation data from the United States due later in the day for potential hints on the Federal Reserve's monetary tightening policy.Spot gold was nearly unchanged at $1,280.94 per ounce at 0658 GMT. On Tuesday, gold touched $1,270.56, its lowest since Nov. 6, before recovering to close 0.2 percent higher.U.S. gold futures for December delivery slipped 0.1 percent to $1,281.10."Gold is still stuck in a tight range as traders are waiting for additional signals before taking any view," ANZ ...

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First Published: Wed, November 15 2017. 12:46 IST
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