Gold muted ahead of key US inflation data

Gold muted ahead of key US inflation data

Gold prices were flat on Tuesday, as markets anticipated quicker rate hikes based on key December U.S. inflation data due later this week, while stronger bond yields continued to cap gains. Spot gold was little changed at $1,803.29 per ounce by 0017 GMT. U.S. gold futures were up 0.2% to $1,802.20.

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