: Gold futures retreat a day ahead of the monthly U.S. consumer price index reading
Gold futures settled with a loss on Wednesday, easing back from Tuesday’s settlement at the highest price in a month. Investors awaited the monthly U.S. consumer price index reading due out Thursday, which is expected to have an impact on the Federal Reserve’s decision on interest rates going forward. Gold for December delivery GCZ22 fell $2.30, or 0.1%, to settle at $1,713.70 an ounce on Comex after posting a climb of 2.1% on Tuesday.
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