Gold eases as higher yields weigh before US inflation data

Gold edged down on Friday and headed for a weekly fall, as Treasury yields rose, with investors awaiting key monthly U.S. inflation data that is due later in the day for cues on the future of monetary policy. Spot gold was down 0.1% at $1,846.22 per ounce, as of 0038 GMT, while U.S. gold futures eased 0.2% to $1,849.10.

Gold eases as higher yields weigh before US inflation data
Gold edged down on Friday and headed for a weekly fall, as Treasury yields rose, with investors awaiting key monthly U.S. inflation data that is due later in the day for cues on the future of monetary policy. Spot gold was down 0.1% at $1,846.22 per ounce, as of 0038 GMT, while U.S. gold futures eased 0.2% to $1,849.10.