Gold advances as softer core CPI data revives Fed easing hopes
Gold prices extended gains on Wednesday, as the dollar dipped after U.S. core inflation data came in softer than expected, abating inflation pressures and rekindling expectations that the Federal Reserve's easing cycle may not be over yet.
Stocks open sharply higher as Wall Street gets relief from softer-than-expected core CPI inflation data
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest rates this year.
Gold Prices Surge Ahead of US CPI Data
Gold prices held nearly steady on Tuesday as market participants maintained caution ahead of key U.S. inflation data, which ...
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 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, ...
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