India, Aug. 12 -- Gold prices were moving in a narrow range on Tuesday following a 1.6 percent drop on Monday after U.S. President Donald Trump declared that gold imports would not face additional tariffs.
Spot gold edged up by 0.2 percent to $3,348.94 per ounce in European trade while U.S. gold futures were down 0.2 percent at $3,397.20.
Following days of speculation that gold bars might be subject to country-specific duties, the Trump administration said it would not impose tariffs on gold imports.
The dollar was steady as focus shifted to the U.S. Labour Department's report on U.S. consumer price inflation later in the day that could impact the outlook for interest rates.
The annual rate of price growth is expected to inch up to 2.8 ...