Gold prices held nearly steady on Tuesday as market participants maintained caution ahead of key U.S. inflation data, which could throw further light on the U.S. interest rate trajectory. Spot gold ...
Predicting gold's immediate trajectory following the Federal Reserve's January meeting is no easy task. After all, the ...
Gold prices extended gains on Wednesday, as the dollar dipped after U.S. core inflation data came in softer than expected, ...
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 near $2686 as CPI data looms. Bulls target $2693.40 breakout, bears eye $2663.51 breakdown. Can gold sustain momentum amid dollar weakness?
Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint hope that the Federal Reserve would continue on its rate-easing path this ...
Gold futures soared on the back of yesterday’s December CPI data, climbing by $29.50 to settle at $2,722.60 for the most ...
Front-month gold futures settled up 1.3%, the largest gain since Dec. 20, boosted by the renewed idea of interest rate cuts after U.S. CPI came in as expected.
Elsewhere, Bitcoin rose to nearly $99,000, and silver & gold also caught morning bids as the S&P VIX Index (VIX) jumped to 17. Interest rates plunged after the CPI report, too. The yield on the ...
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the ...