Gold hovers at $4,340 on profit-taking
Gold prices eased on Monday as investors locked in gains following a seven-week high hit in the previous session, with attention now turning to upcoming U.S. inflation data for direction on the Federal Reserve's rate trajectory.
August 10, 2026 (MLN): Gold prices eased on Monday as investors locked in gains following a seven-week high hit in the previous session, with attention now turning to upcoming U.S. inflation data for direction on the Federal Reserve's rate trajectory. Currently, spot gold is slightly down 0.02% to $4,340.42 an ounce as of [10:45 am] PST, according to data reported by Mettis Global. The pullback followed data showing...