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WORLD CAPITALS / WAM
Gold prices lingered near a two-month low on Wednesday, trading below the key $2,000- per-ounce level, as a stronger-than-expected US inflation report prompted traders to trim bets for deeper rate cuts by the Federal Reserve. According to Reuters, spot gold was flat at $1,992.21 per ounce (Oz) as of 0429 GMT after hitting its lowest since December 13 on February 13. Bullion fell about 1.4% on February 13, its biggest daily decline since December 4. US gold futures edged 0.1% lower to $2,005.00/Oz. Spot platinum was steady at $871.90/Oz, palladium fell 0.2% to $862.14, and silver slipped 0.2% to $22.04.