Gold prices moved little in Asian trade on Wednesday as traders kept to the sidelines ahead of key U.S. consumer inflation data, although mild declines in the dollar lent some strength to bullion. Gold benefited from softer-than-expected producer inflation data in the prior session, which spurred some hopes that inflation will ease further in the coming months. This notion weighed on the dollar.
Gold prices steady with CPI data in focus.www.thealgotechnology.com
