Gold prices edged lower on Tuesday as traders digested tariff developments and awaited a series of economic data, while a key inflation report kept expectations for U.S. rate cuts intact. Spot gold was down 0.

Gold futures fell. Commerzbank said if Tuesday’s CPI data comes in soft, pressure will mount on the Fed to cut rates further, benefiting non-interest bearing bullion.

By Sherin Elizabeth Varghese (Reuters) -Gold rose on Wednesday, lifted by a weaker dollar and falling Treasury yields, as mild U.S. inflation data cemented expectations for a Federal Reserve rate cut in September and nudged up bets on additional easing later this year.

Gold edged higher in the early Asian trade. U.S. inflation held steady in July, keeping a Fed rate cut in play for September and underpinning the appeal of the precious metal.