Gold prices edged higher on Tuesday, supported by a pullback in the dollar after an official U.S. report citing consumers expect lower inflation cemented bets for interest rate cuts from the Federal Reserve.
Spot gold XAU= was up 0.2% at $2,032.39 per ounce, as of 0157 GMT, after hitting a three-week low on Monday.
U.S. gold futures GCcv1 also rose 0.2% to $2,038.30 per ounce.
A New York Federal Reserve report on Monday said consumers expect lower inflation as well as weaker income and spending over the next several years.
London-listed company KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focused on gold and copper deposits in the highly prospective Arabian-Nubian Shield. The Company operates in Ethiopia and Saudi Arabia with projects including Tulu Kapi project, Jibal Qutman EL and Hawiah.
