Gold Rises Before Today’s Data

Gold rose in Tuesday morning trading in Asia, settling to a one-week low hit during the previous session. While the dollar weakened ahead of US inflation data that could indicate when the US Federal Reserve is likely to start declining assets.

Gold futures were also up 0.24 at $1,810.15, dropping to their lowest level since July 6 during the previous week. The dollar, which usually moves in reverse with gold, fell on Tuesday.