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 ...
Predicting gold's immediate trajectory following the Federal Reserve's January meeting is no easy task. After all, the ...
Commissions do not affect ... of gold fluctuates dramatically, making it a poor near-term hedge for inflation. From 1980 to 1984, annual inflation as measured by the consumer price index averaged ...
a senior market analyst at Kitco Metals. The dollar index (.DXY), opens new tab fell 0.6%, making gold cheaper for overseas buyers. Investors now await the Consumer Price Index (CPI) on Wednesday ...
1611 ET – Front-month gold futures ... after the CPI came in as expected, with consumer prices seen as having risen 2.9% in the past 12 months. The finding gives investors new hope that the ...
(Reuters) - Gold prices held ... Streible, chief market strategist at Blue Line Futures. "People are a little bit nervous, and they want to be cautious going into CPI tomorrow," he added.
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.