| Gold was little changed early on Monday, after touching a two-week low on Friday, as investors remained cautious ahead of central bank meetings in Japan and the United States this week. Spot gold was steady at $1,310.06 an ounce by 0055 GMT. The yellow metal dropped 0.3 per cent to $1,306.26 on Friday, its lowest since September 1.
US consumer prices rose more than expected in August as healthcare costs recorded their biggest gain in 32-1/2 years, pointing to a steady build-up of inflation that could allow the Federal Reserve to raise interest rates this year...............................................Full Article: Source
|