Gold continues to extend gains from last week's lows with support gained from the weakness of the US dollar.
In the Asian session, spot gold traded at around $1,725 per ounce, while gold futures were slightly lower at $1,736 per ounce.
The greenback's weakness continued earlier in the week, seeing it fall to more than two-week lows against most major currencies.
Focusing on investors now is the publication of US inflation data in the New York session which is expected to decrease to 8.1% in August from 8.5% recorded in July.
The reading would mark a second straight month of declines from the 40-year peak recorded in June, and points to easing US inflationary pressures following lower fuel costs and several interest rate hikes by the central bank.
Nevertheless, the market still expects the Federal Reserve (Fed) to continue raising interest rates this year as inflation remains far from the central bank's target of 2%.
Expectations for a 75 basis point increase are rising, but investors are also not ruling out the possibility of a 50 basis point increase.
