Bengaluru — Gold prices held firm on Tuesday, buoyed by a weaker dollar, while investors waited for US inflation data for clues on the pace of interest rate increases. Spot gold was mostly unchanged at $1,322.82/oz, as of 2.34am GMT. On Monday, it rose 0.5% in its biggest one-day percentage gain in more than a week. US gold futures were down 0.1% at $1,324.6/oz. "We suspect that gold has pretty much decoupled from equities for much of the last week and is instead tracking the dollar’s ups and downs more closely," said INTL FCStone analyst Edward Meir. The dollar’s index against a basket of six major currencies extended modest losses suffered overnight and was last down 0.1% at 90.126. On Monday, it fell 0.3% in its biggest one-day percentage drop since February 1. Meanwhile, Asian stocks pulled further away from two-month lows on Tuesday, lifted by Wall Street’s extended rebound from last week’s steep fall. "Gold held up better than stock markets last week.… Relative to stocks, gold...
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