Gold price eyes CPI data as inflation risks boost sentiment
The US Bureau of Labor Statistics (BLS) revealed that the Producer Price Index (PPI) increased but missed estimates for a higher print. This exacerbated Gold's jump as traders grew optimistic that if the Consumer Price Index (CPI) report on Wednesday comes cooler than foreseen, it could increase the Fed's chances of easing policy during the year.
Gold prices extended gains on Wednesday, as the dollar dipped after U.S. core inflation data came in softer than expected, ...
Gold bulls have avoided re-entering the pennant chart formation and sent prices back above the descending trend line. From ...
From 1980 to 1984, annual inflation as measured by the consumer price index averaged 6.5%, but gold prices fell by an annual average of 10% over the same period. Gold’s returns not only fell ...
Gold prices held nearly steady on Tuesday as market participants maintained caution ahead of key U.S. inflation data, which ...
Gold edges lower in the early Asian session ahead of U.S. CPI data due later today. Any signs of resurging inflation could possibly spur further cautious adjustments to Fed rate-cut expectations, Flow ...
Cooler inflation sparks hope for Fed rate cuts. Retail sales data and Trump’s inauguration set the stage for market moves in ...
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A 24k piece of 10 grammes of gold would cost Rs 81,270 in India today, up Rs 650 from Rs 80,620 yesterday. In the meantime, ...
Gold’s price (XAU/USD) edges higher for the third day in a row and recovers initial weekly losses, rising above the $2,700 ...
Cooling inflation sparks a risk-on rally as stocks surge, gold eyes a breakout, and Treasury yields fall. Tesla and Nvidia ...
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