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Oct 22 (Reuters) - Gold prices fell on Wednesday to a near two-week low, following their sharpest single-day drop in five years in the previous session, as investors booked profits ahead of key U.S. inflation data due this week.

Gold prices held above US$4,000 an ounce on Thursday as investors assessed the Israel-Hamas ceasefire deal, while broader geopolitical and economic uncertainty alongside expectations for US rate cuts sustained bullish sentiment towards the metal.

BENGALURU (Sept 23): Gold prices climbed to a fresh record high on Tuesday, bolstered by increased expectations of further US rate cuts, as investors awaited Federal Reserve (Fed) chair Jerome Powell's speech later in the day for further policy cues.

Gold continued its record rally on Tuesday, buoyed by expectations of an imminent September U.S. interest rate cut, while investors looked ahead to inflation data due this week.

Gold prices climbed to an over two-week peak on Tuesday, lifted by safe-haven demand, as investor confidence in the U.S. central bank wavered following President Donald Trump’s dismissal of a Federal Reserve governor.

Gold prices edged higher on Tuesday after U.S. inflation data sustained expectations of Federal Reserve interest rate cuts, while attention turned to other key economic data due this week.

Gold prices edged higher on Tuesday as investors awaited the outcome of U.S.-China trade talks and the Federal Reserve's policy meeting.

Gold prices fell on Tuesday as market participants awaited tariff updates, while an inflation report showed a widely expected increase in U.S. consumer prices last month.

The gold market is holding on to solid gains back above $3,300 an ounce, even as the U.S. labor market remains fairly resilient with the number of job openings jumping more than expected in May.

Central banks around the world are snapping up gold (GC=F) at a record pace while forecasting a pullback in US dollar reserves in the years ahead.