Gold prices were little changed in cautious trade on Wednesday ahead of key U.S. inflation data due out later in the day that could offer clues on the Fed's next move on interest rates.
After U.S. job growth rose much more than expected in July, traders are now pricing in a roughly 69 percent chance of the Fed raising rates by 75 basis points (bps) at its September FOMC meeting.
Spot gold was marginally higher at $1,794.91 per ounce while U.S. gold futures were down 0.1 percent at $1,810.15.
U.S. consumer prices are expected to edge up by 0.2 percent in July after increasing by 1.3 percent in June. The annual rate of growth is expected to slow to 8.7 percent from a four-decade high of 9.1 percent.
German consumer price inflation slowed to 7.5 percent from 7.6 percent in June, final data from Destatis revealed earlier today- matching the flash estimate published on July 28.
Chinese inflation figures proved to be a mixed bag. Consumer inflation accelerated in July to the highest level in two years, while producer price inflation slowed to 4.2 percent from 6.1 percent in June, data showed earlier in the day.
The consumer price index rose an annual 2.7 percent in the month, up from a 2.5 percent increase in June.
