However, many gold experts aren't surprised by gold's current performance. Historically, investors turn to gold in times of inflation and economic unease. For example, they may use gold as a way to ...
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 ...
Predicting gold's immediate trajectory following the Federal Reserve's January meeting is no easy task. After all, the ...
Gold price rallies, breaking further, above $2,715. Fed rate cut expectations flair up and fueling the Bullion rally. Gold ...
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 ...
Dec CPI ex-food and energy unexpectedly eased to +3.2% y/y +3.3 ... raise interest rates if improvement continues in the economy and in prices.” February gold (GCG25) today is up +19.10 (+0.71%), and ...
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.
The dollar index fell 0.6%, making gold cheaper for overseas buyers. Investors now await the Consumer Price Index (CPI) on Wednesday to analyze the Fed's policy path. A Reuters poll forecast an ...
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 ...
Platinum Forecasts – Gold Tests Key Resistance As Dollar Pulls BackFri, 24 Jan 2025 17:47:59 GMT The upcoming U.S. CPI data, with expectations of a 0.2% m/m increase and a 2.5% y/y rate ...