Gold Softens Ahead Of US Inflation Data But $1800 Mark Holds

10 Aug 2022 , 04:30 PM

COMEX Gold futures pulled back today as markets waited for the US inflation data. However, the overall mood was mixed as equities turned lower and the US dollar eased marginally. Asian stocks fell with Shanghai Composite and Nikkei losing more than half a percent. European shares saw very dull activity today. The Dow eased 0.20% amid a choppy session. The dollar index is down 0.25% at 105.99. The COMEX Gold futures are trading at $1806 per ounce, down 0.30% on the day. MCX Gold futures are trading at Rs 52340 per 10 grams, down 0.28% on the day after testing a low near Rs 52250 mark in intraday moves. Powered by Commodity Insights