Bullion retains $1,800/oz level on swaggering monetary policies


Gold prices on Wednesday consolidated in a tight range near the key $1,800 level as softer U.S. inflation data fed uncertainty about the Federal Reserve’s tapering timeline.

Spot gold was down 0.1% at $1,801.97 per ounce by 1133 GMT, just below a one week peak of $1,808.50 hit on Tuesday, in...