Gold Firms as Dollar, Yields Slip; US Inflation Data Looms

GOLD - JAKARTA. Gold prices firmed on Wednesday as the U.S. dollar and Treasury yields retreated, while market participants awaited U.S. inflation data for clues on the Federal Reserve's interest rate strategy.

Spot gold gained 0.4% to $2,687.59 per ounce by 1107 GMT. U.S. gold futures were up more than 1% at $2,710.00.