Gold ticks up as dollar softens before US inflation data
Gold prices edged higher on a softer dollar as investors awaited crucial US inflation data for Federal Reserve rate clues. Analysts note ongoing debt concerns continue supporting safe-haven demand while markets weigh potential rate changes.
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Gold edged higher to $4,405.09 per ounce on Thursday morning, supported by a softer dollar. Traders awaited critical inflation data for direction on future interest rates.
