Gold price sees gains limited for now, ahead of December CPI release. Tuesday's soft PPI release triggers disinflationary expectations for the upcoming CPI release. Gold could snap above $2,700 if ...
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 ...
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 ...
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.
U.S. PPI rose 3.3% on an annual basis in December U.S. CPI ... gold gained 0.3% to $2,671.27 per ounce as of 01:50 p.m. ET (1850 GMT). U.S. gold futures settled 0.1% higher at $2,682.30. A line ...
The euro is moderately higher today after the dollar tumbled on a weaker-than-expected US Dec CPI report. The euro also found support in today’s news ... February gold (GCG25) today is up ...
Gold prices have eked out minor gains, clawing back some of the losses suffered after Tuesday's U.S. CPI data. Gold futures rose 0.1% to $2,168.80 a troy ounce. The precious metal closed lower ...
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 ...