London,SANA-Gold prices regained some ground on Friday after falling sharply in the previous session, ahead of key U.S. inflation data that could offer more cues on when interest rate cuts will start.

Spot gold rose 0.3% to $2,370.5 per ounce by 1110 GMT, but was down 1% so far this week. Prices had hit their lowest since July 9 on Thursday after stronger-than-expected U.S. economic growth data.

Gold prices are down 4.5% since they hit a record high of $2,483.60 on July 17 on growing optimism of a rate cut from the Federal Reserve in September.

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