09 August 2022

Gold Prices Fall as Investors Focus on US Inflation Data

International and Arabic

London, August 09 (QNA) - Gold prices edged lower on Tuesday as investors awaited US inflation data due later in the week.

Spot gold was down 0.2% at $1,785.89 per ounce. US gold futures eased 0.2% to $1,801.90.

On Monday, gold prices rose towards a one-month high scaled last week, as the dollar and Treasury yields pulled back after a rally driven by Friday's blockbuster US jobs report. (QNA)


Economy, International
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