Gold wavered near a record, as investors tracked mounting tensions in Venezuela and awaited US inflation data. Platinum extended a breakneck rally, surging close to $2,000 an ounce before paring gains.
Bullion traded around $4,320 an ounce, after rising 0.8% on Wednesday. It’s about $60 away from an all-time high reached in October. Inflation numbers due Thursday will be watched closely for clues on the Federal Reserve’s appetite for further interest-rate cuts.