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Gold Prices Today: Yellow metal to face headwinds in the near term; US CPI data in focus.
Gold prices struggled for momentum on August 10 in the international markets, as investors refrained from making big bets ahead of US inflation data, that is expected to influence the pace of Federal Reserve rate hikes.
Spot gold was down 0.1 percent at $1,791.60 per ounce, as of 0127 GMT. US gold futures were down 0.2 percent at $1,808.20.
At 9:32am, gold contracts were trading 0.24 percent lower on the Multi-Commodity Exchange (MCX) at Rs 52,361 for 10 grams and silver shed 0.22 percent at Rs 58,664 a kilogram.
