Gold prices were flat on Tuesday as market participants kept to the sidelines ahead of U.S. inflation data that is expected to shed more light on recovery in the world’s largest economy.
Spot gold was unchanged at $1,731.69 per ounce by 0354 GMT, with elevated U.S. Treasury yields negating support from expectations of higher inflation. U.S. gold futures were also steady at $1,732.80 per ounce.
KEFI Gold & Copper plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.