Gold down 0.3% before inflation report

Spot gold (immediate) fell 0.3% to $4,157.90 an ounce Oct. 13, Reuters reported, with December futures — for later delivery — down 0.3% to $4,177.30. Traders awaited September's Consumer Price Index, the inflation measure, due from the Bureau of Labor Statistics Oct. 14 at 8:30 a.m. ET. In my view, caution, not conviction selling.