* GRAPHIC-2019 asset returns: http://tmsnrt.rs/2jvdmXl
Gold prices inched higher on Friday as investors shrugged off concerns that stronger-than-expected consumer inflation in the United States could influence the U.S. central bank's decision on aggressive monetary policy easing.
* Powell: Fed will act "as appropriate" to sustain economic
Gold prices recouped losses to rise over 1% on Wednesday as the dollar slid after U.S. Federal Reserve Chairman Jerome Powell fanned expectations of an interest rate cut, citing risks to the U.S. economy.
July 9 Gold edged up on Tuesday after falling to
a one-week low earlier in the session as investors used the drop
in prices to buy the yellow metal with bullion holding a key
Gold fell to a one-week low on Tuesday as the U.S. dollar rallied on expectations of a less aggressive interest rate cut by the Federal Reserve this month, while investors awaited Fed Chair Jerome Powell's testimony on monetary policy.
Gold prices edged lower on Monday as increasing expectations that the U.S. Federal Reserve will not aggressively cut interest rates later this month boosted the dollar, making gold expensive for holders of other currencies.
* Fed's Powell could provide cues on near-term policy this
BENGALURU Rice export prices in India inched up this week, helped by a stronger rupee and a slight uptick in demand, while other hubs in Asia struggled to compete with rates offered by the top exporter.
Gold steadied on Wednesday, paring earlier gains as a rally in equities reduced the attraction of the non-yielding metal, while global growth concerns and prospects for dovish monetary policy kept bullion supported.