Gold prices dipped on Tuesday as investors took profits following a recent rally, with markets now focused on upcoming U.S. inflation data that could provide insights into the Federal Reserve’s next policy moves. Spot gold fell 0.4% to $2,461.75 per ounce after reaching a one-week high earlier in the session. Traders are awaiting July U.S. producer price figures due later in the day and consumer price numbers on Wednesday, which will help gauge expectations for potential interest rate cuts by the Fed in September.