Price growth accelerated in 2022, with a full-year CPI rate of +6.5%. But average gold prices were flat to down slightly in 2022, providing no hedge against inflation. Buying shares of a gold ETF ...
Gold prices ... the CPI increased by 2.9%, down from a 3% rise in June. Following the release of the U.S. CPI data, markets now estimate a 41% chance of a 50 basis point rate cut by the Federal ...
Investing.com-- Gold prices steadied in Asian trade on Monday ... Traders are split over a 25 or 50 basis point cut by the ...
Gold prices softened on Wednesday, January 15, as investors exercised caution ahead of the US consumer price inflation (CPI) report, which could provide insights into the Federal Reserve's interest ...
1611 ET – Front-month gold futures settle up 1.3% to $2,712.50 an ounce ... gold higher is the renewed idea of interest rate cuts after the CPI came in as expected, with consumer prices seen ...
Spot gold gained 0.3% to $2,671.27 per ounce as of 01:50 p.m. ET (1850 GMT ... Investors now await the Consumer Price Index (CPI) on Wednesday to analyze the Fed's policy path.
Gold futures were rising 0.3% to $2,632.80 a troy ounce, making small gains as traders position themselves ahead of crucial U.S. economic data. The precious metal had extended losses for a sixth ...
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 ...
JPM’ s net income soared by 50 ... CPI sent the message that lower rates may be coming and lower rates would support a move higher in gold as the opportunity cost of holding gold decreases with ...
U.S. PPI rose 3.3% on an annual basis in December U.S. CPI data ... on its rate-easing path this year, sending the dollar lower. Spot gold gained 0.3% to $2,671.27 per ounce as of 01:50 p.m ...