Gold climbs to more than three-month high as markets await US inflation data

Gold climbed to its highest level in over three months as a softer dollar and last week’s Treasury buyback support made bullion more attractive.
Traders are watching U.S. inflation data (July PCE) and Fed Chair Kevin Warsh’s Jackson Hole remarks for clues on the interest-rate outlook.
Geopolitical tensions rose as the U.S. threatened major sanctions on Iran, while oil eased and other metals showed mixed moves.