Gold ticks up on softer dollar, US inflation data in focus

September 12, 2022

LONDON (Sept 12)  Gold prices rose on Monday as the dollar fell to a more than two-week low, prompting investors to buy bullion, while markets eyed US inflation data for further clues on Federal Reserve rate hikes.

Spot gold was up 0.4% at $1 722.79 per ounce  as of 08:26 GMT.

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