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Gold Prices Edge Higher as Spotlight Shifts to US Inflation Data

Summary by New Strait Times
LONDON: Gold prices slightly recovered on Tuesday after a sharp fall in the previous session, as investors looked forward to US inflation data that could offer further insight into the Federal Reserve's rate-cut trajectory. Fundamentals Spot gold was up 0.3 per cent at US$3,355.59 per ounce as of 0105 GMT. US gold futures for December delivery edged 0.1 per cent higher to US$3,406.80. Gold prices slipped 1.6 per cent on Monday, while futures dro…

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Shafaq News – Follow-up: Gold prices fell on Monday, as demand for the yellow metal declined as a safe haven amid signs of receding geopolitical risks, while markets awaited US inflation data that could determine the path of US interest rates. Spot gold fell 0.7% to $3,376.67 an ounce by 02:48 GMT, after hitting its highest level since July 23 on Friday. US gold futures for December delivery also fell 1.5% to $3,439.70 an ounce. The decline came…

·Iraq
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Gold rises ahead of US inflation dataGold prices are rising moderately after a drop as investors await US inflation data. Spot gold rose 0.1% to $3,348.41 an ounce.

·Kyiv, Ukraine
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This article was first published on Cedarnews.net. For more exclusive news and reports, visit our website. Gold prices rose slightly during trading on Tuesday, August 12, 2025, after the sharp decline recorded in the previous session, as markets awaited the release of US inflation data that will determine the direction of the Federal Reserve's monetary policy in the coming period. Gold prices today By 08:53 Abu Dhabi time, gold prices rose in tr…

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Pakistan Today broke the news in Pakistan on Monday, August 11, 2025.
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