Gold firms as dollar wilts

BENGALURU, Feb 14 (Reuters): Gold rose for a third day on Wednesday, pulling further away from last week's one-month low as the dollar wilted ahead of US inflation data due later in the day.
Investors are awaiting clues from the report on the outlook for US monetary policy, which will likely be influenced by the strength of price pressures on the economy. The dollar hit a 15-month low against the yen in early trade.
That helped buoy gold, which is priced in the US currency.
Spot gold was up 0.1 per cent at $1,330.96 an ounce at 1030 GMT, while US gold futures for April delivery were up $2.70 an ounce at $1,333.10.
Gold fell last week as investors selling out of sliding stock markets opted for the dollar as an alternative investment. s