Gold price gains on weaker dollar, with eyes on inflation data
Spot gold was up 0.8% at $1,980.46 per ounce by 3:25 p.m. EDT, near a one-week high.
According to the World Gold Council (WGC), India’s net gold imports for domestic consumption is expected to be about 800 tonne this year following a pick-up in momentum during the festival season.