Gold Prices Inch Higher with US Inflation Data in Focus

Gold prices nudged higher on Thursday, while traders await key US inflation data to gauge the Federal Reserve's future monetary policy stance. Spot gold was up 0.2% at $2,613.70 per ounce, after easing for the previous six sessions. US gold futures gained 0.2% at $2,630.80. The US Consumer Price Index (CPI) for September is due later today and Producer Price Index (PPI) data on Friday. Spot silver edged 0.1% higher to $30.48 per ounce. Platinum added 1.5% to $959.56 and palladium firmed 1.0% to $1,049.50. Source: Qatar News Agency