profitaddaweb.com-Gold Edges Higher as Investors looked ahead to key U.S Inflation data due later to gauge if the world's largest economy withstand the rate hike in 2016.It will publish it's data at 12.30GMT.
There are Several Fed Speakers who appear on panel around 16.00GMT.
Gold for june delivery on the comex division of the New York Mercantile Exchange inched up to trade at $1,277.40 a troy ounce by 06:49GMT.
The dollar edge back against a basket of six major currencies edged down to 0.1% to 94.41.A gradual path to weakens is seen less of a threat to commodities prices.
Investors are keen on upcoming report of U.S Inflation data as it will boost dollar-priced commodities cheaper.
There are Several Fed Speakers who appear on panel around 16.00GMT.
Gold for june delivery on the comex division of the New York Mercantile Exchange inched up to trade at $1,277.40 a troy ounce by 06:49GMT.
The dollar edge back against a basket of six major currencies edged down to 0.1% to 94.41.A gradual path to weakens is seen less of a threat to commodities prices.
Investors are keen on upcoming report of U.S Inflation data as it will boost dollar-priced commodities cheaper.
