Gold rises as U.S. inflation data in line with expectations

CHICAGO, Jan. 12 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Thursday as U.S. inflation data are in line with expectations.

The most active gold contract for February delivery rose 19.9 U.S. dollars, or 1.06 percent, to close at 1,898.8 dollars per ounce.

The U.S. Labor Department reported Thursday that the U.S. consumer price index, a measure of the U.S. cos