Bullion down as US monetary policy hangs in the air

10.08.2022

Gold prices inched lower on Tuesday as investors awaited U.S. inflation data due later in the week that could offer more clarity on the Federal Reserve's rate-hike plans to combat rising pricing pressures.

Spot gold was down 0.2% at $1,785.89

per ounce, as of 0710 GMT. U.S. gold futures eased 0.2% to...