Gold prices muted with US inflation data in focus

Tokyo, June 26 (BNA):  Gold prices were subdued on Wednesday ahead of crucial U.S. inflation data due this week, which could offer more clarity on the timing of the Federal Reserve’s first interest rate cut this year.

Spot gold was flat at $2,319.95 per ounce, as of 0337 GMT. U.S. gold futures held their ground at $2,331.30, Reuters reported.

Spot silver rose 0.1% to $28.94, platinum climbed 0.8% to $989.70, while palladium lost 0.5% to $943.49.

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