24 Oct 2025 | 5 Mins Read
Gold prices edge higher before key US inflation reading
Flipitmoney
Spot gold rose 0.3% to $4,138.52 per ounce, supported by geopolitical worries and US-China trade tensions. Investors awaited US inflation data, with U.S. gold futures for December delivery rising 0.2% to $4,152.30. Key data included a delayed US Consumer Price Index (CPI) report and a Federal Reserve meeting next week, with investors nearly fully pricing in a 25-basis-point rate cut.