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Find all the economic and financial information on our Orishas Direct application to download on Play StoreGold prices have remained within a narrow range today.
Investors are refraining from taking important positions ahead of U.S. inflation data that could shed more light on the probability of a further interest rate hike by the Federal Reserve.U.S. gold futures fell 0.1% to $1,949.50. Spot gold remained stable at $1,945.45 per ounce as of 03:03 GMT. Economists expect the overall CPI to have slowed to a rise of 0.1% in October, from a rise of 0.4% in September, according to a Reuters poll. Core inflation is estimated at 0.3%, unchanged compared to September
.In addition, cash rose 0.2% to $22.34 per ounce, platinum gained 0.4% to $867.52, and palladium rose 0.7% to $988.43.
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