Gold Edges Higher Ahead of US Inflation Data.

Gold: Gold prices edged up today as investors sought bargains after steep declines in the previous session, while the spotlight shifted to US inflation data, which could shed more light on the Federal Reserve's path for monetary policy. Spot gold firmed 0.5% at $2,610.99 per ounce, after hitting its lowest since 20 September 2024 on Tuesday. US gold futures rose 0.4% at $2,617.20. According to Oman News Agency, spot silver increased by 1% to reach $31, while platinum added 0.6%, standing at $953.22. Additionally, palladium saw a gain of 1%, bringing its price to $953.84. These fluctuations reflect the market's ongoing response to potential shifts in monetary policy and economic indicators.

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