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    Business

    Gold slips as investors await US inflation data and Fed signals

    Rising oil prices and stronger expectations of a US interest-rate hike kept pressure on gold ahead of key inflation reports due later this week

    ReutersReuters
    2 min read
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    Spot gold fell 0.3% to US$4,390.50 per ounce by 0816 GMT, after rising as high as US$4,442.70 earlier in the session. US gold futures for December delivery declined 0.9% to US$4,435.00 per ounce.

    Spot gold fell 0.3% to US$4,390.50 per ounce by 0816 GMT, after rising as high as US$4,442.70 earlier in the session. US gold futures for December delivery declined 0.9% to US$4,435.00 per ounce.

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