Gold Steady Near Record High as Traders Watch US Data, Venezuela

Summarize this article with:
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Gold steadied near a record high, as investors tracked mounting tensions in Venezuela and waited for US inflation data.Bullion was near $4,340 an ounce, having risen 0.8% in the previous session. It’s just over $40 off an all-time high reached in October. Inflation numbers due Thursday will be watched closely for clues on how the Federal Reserve’s appetite for further rate cuts might be impacted.
