Gold firms as dollar, yields slip; US inflation data looms
Gold prices edged lower on Wednesday as caution prevailed ahead of the U.S. consumer price inflation report that could provide more clarity on the Federal Reserve's interest rate trajectory.
Gold prices rise after benign US CPI data; dollar weakens
Spot gold rose 0.1% to $2,6675.90 an ounce, while gold futures expiring in February rose 0.3% to $2,690.91 an ounce by 23:59 ET (04:49 GMT). Markets were now focused squarely on upcoming consumer price index inflation data, due later on Wednesday, for more cues on interest rates.
Gold Rises Ahead of U.S. Inflation Data
Gold prices rose, boosted by a softer dollar and concerns over the impact of potential U.S. trade tariffs on inflation after Trump takes office and traders await U.S. inflation data for more cues on the path of monetary policy.
Gold inches higher as investors focus on US inflation data
Gold prices edged higher on Wednesday as investors waited for the U.S. consumer price inflation report that could provide more clarity on the Federal Reserve's interest rate trajectory. Spot gold rose 0.
Gold Prices Surge Ahead of US CPI Data: Investors Eye Inflation Trends
Gold prices trade higher ahead of US CPI data. It hit an intraday high of $2685 and currently trading around $2683. Anticipated US CPI Release The US Consumer Price Index for December 2024 is going to be announced,
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Gold gains on softer dollar as investors weigh Trump tariff impact
(Reuters) - Gold prices rose on Tuesday, helped by a softer U.S. dollar and inflationary risks posed by President-elect ...
Gold drops 1% as robust US jobs data strengthens dollar
Gold prices dipped on Monday as the U.S. dollar soared to an over two-year high after a robust jobs report last week cemented ...
China is back to hoarding gold ahead of an uncertain time for its economy in Trump's second term
Goldman Sachs predicts gold could reach $3,000 per ounce by the second quarter of 2026 amid strong central bank demand.
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Convert United States Dollar To Gold Ounce
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