Gold Holds Steady Ahead of US Inflation Data
Gold prices held steady near a three-month high as investors awaited a key U.S. inflation report to gauge the Federal Reserve path. Market attention also focused on upcoming remarks from Fed officials regarding interest rates.
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Gold held steady at $4,652.39 per ounce during Wednesday morning trade after scaling a three-month high. The precious metal consolidated gains as investors awaited crucial economic data from the United States.
