GOLD PRICE TODAY : GOLD RATE RECOVERS AFTER CONSECUTIVE LOSSES BUT THERE IS A CONCERN . DETAILS HERE

What happened: Gold prices climbed more than 1 per cent on Thursday as the dollar and US Treasury yields stayed under pressure, with investors watching fresh US inflation data for signals on whether the Federal Reserve will raise rates again this month. Key numbers: Gold up more than 1 per cent. Dollar slipped 0.5 per cent. Why it matters: Saxo Bank's Ole Hansen said falling real yields and resilient investment demand help gold recover from its post-CPI selloff, but the technical outlook remains fragile. Higher rates make the non-yielding asset less attractive.

Gold prices climbed more than 1 per cent on Thursday as the dollar and US Treasury yields stayed under pressure, with investors watching fresh US inflation data for signals on whether the Federal Reserve will raise rates again this month.

Saxo Bank's Ole Hansen said falling real yields and resilient investment demand help gold recover from its post-CPI selloff, but the technical outlook remains fragile. Higher rates make the non-yielding asset less attractive.