KONTAN.CO.ID - JAKARTA. Gold prices were little changed on Wednesday as investors looked ahead to U.S. inflation data that could shape the course of the Federal Reserve's monetary policy. Spot gold was holding steady at $1,893.60 per ounce at 10:08 a.m. EDT (1408 GMT), while U.S. gold futures were up 0.2% to $1,897.20. Traders will keep their eyes peeled on Thursday's U.S. consumer price index report for any signs the Fed could begin to step back from its ultra-loose monetary policy. Market participants will also keep close tabs on a European Central Bank meeting on the same day.
Gold listless as market awaits U.S. inflation cues
KONTAN.CO.ID - JAKARTA. Gold prices were little changed on Wednesday as investors looked ahead to U.S. inflation data that could shape the course of the Federal Reserve's monetary policy. Spot gold was holding steady at $1,893.60 per ounce at 10:08 a.m. EDT (1408 GMT), while U.S. gold futures were up 0.2% to $1,897.20. Traders will keep their eyes peeled on Thursday's U.S. consumer price index report for any signs the Fed could begin to step back from its ultra-loose monetary policy. Market participants will also keep close tabs on a European Central Bank meeting on the same day.