Gold prices hovered near a two-month peak on Tuesday, supported by a softer dollar and U.S. bond yields, as investors awaited key U.S. inflation data to gauge the Federal Reserve’s next move on rate hikes.
Spot gold was little changed at $1,824.21 per ounce by 836 GMT, about $3 shy off a two-month peak scaled earlier in the session. U.S. gold futures fell 0.1% to $1,825.30.
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