Gold trading range for the day is 29531-29889.
Gold prices gained with a holiday ahead in the US kept trade light and the market awaiting more signals on inflation this year
U.S. producer prices fell for the first time in nearly 1-1/2 years in December amid declining costs for services.
Underlying U.S. consumer prices recorded their largest increase in 11 months in December, bolstering expectations that inflation will accelerate this year.
Gold prices gained with a holiday ahead in the US kept trade light and the market awaiting more signals on inflation this year
U.S. producer prices fell for the first time in nearly 1-1/2 years in December amid declining costs for services.
Underlying U.S. consumer prices recorded their largest increase in 11 months in December, bolstering expectations that inflation will accelerate this year.
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