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PRECIOUS-Gold eases on firmer dollar, yields; all eyes on U.S. inflation data

May 12 (Reuters) - Gold prices fell on Wednesday, as a rise in U.S. Treasury yields and a firmer dollar dented the metal's safe-haven appeal, while investors awaited U.S. consumer price index data due later in the day. FUNDAMENTALS * Spot gold was down 0.2% at $1,832.73 per ounce by 0109 GMT. * U.S. gold futures eased 0.1% to $1,834.30. * The dollar index was up 0.1%, making gold more expensive for other currency holders. * The U.S. currency slipped to a more than two-month low in the previous session after worries about rising inflation threatened to erode its value. * Benchmark U.S. 10-year Treasury yields hit their highest in more than a week. Higher bond yields raise the opportunity cost of holding non-yielding gold. * Federal Reserve officials grappled on Tuesday with April's surprisingly weak employment growth, maintaining faith in the U.S. economic rebound but acknowledging the pace of the jobs recovery may prove choppier than anticipated. * Market participants awaited the relea
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