Gold prices moved in a narrow range on Tuesday, March 26, as investors' focus shifted to U.S. inflation data due later this week, which could shed more light on the timing of the Federal Reserve's first interest rate cut this year.
Spot gold was steady at $2,170.59 an ounce by 03:10 GMT, while U.S. gold futures were down 0.2% at $2,171.20 an ounce.
Gold prices hit a record high last week after US Federal Reserve policymakers indicated they still expect to cut interest rates by three-quarters of a percentage point by the end of 2024 despite recent high inflation readings.
