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By Pablo SinhaGold prices eased after touching a one-week high on Monday, pressured by a firmer dollar and higher oil prices, while investors awaited US inflation data for clues on the Federal Reserve's interest-rate trajectory.Spot gold TVC:GOLD slipped 0.6% to $4,169.10 per ounce by 1:45 p.m. EDT…
Gold traded lower on October 12 as a stronger U.S. dollar and rising oil prices pressured bullion, with inflation reports expected to influence the market later in the week.
Gold price hits $4,206, its best level since 2 October, as oil slips on an unconfirmed ceasefire. See what this week's CPI could mean for the rally.