Gold consolidates after record peak, US CPI data in focus

By Anmol Choubey (Reuters) - Gold prices edged lower on Thursday, hovering near record highs, as investors awaited U.S. consumer inflation data due later in the day following weaker-than-expected producer price figures that reinforced expectations of a rate cut next week. Spot gold was down 0.2% at $3,632.48 per ounce, as of 0621 GMT. Bullion hit a record high of $3,673.95 on Tuesday. U.S. gold