Gold prices inched higher Friday, lifted by declines in stocks and U.S. Treasury yields after data showed U.S. consumer prices fell in December and wages rose. Gold for February delivery ticked up 0.1% to $1,288.70 a troy ounce on the Comex division of the New York Mercantile Exchange. Prices are near their highest level since June, boosted by a weaker dollar that has made gold cheaper for overseas buyers and market turbulence that has pushed some investors toward the haven asset.
Source: Wall Street Journal January 11, 2019 15:00 UTC