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 ...
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.
Front-month gold futures surged to their largest gain in nearly a month, after U.S. core inflation data came in softer than expected, easing inflation pressures and renewing hopes that the Federal ...
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 ...
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 ...
U.S. PPI rose 3.3% on an annual basis in December U.S. CPI data due on Wednesday Gold to be in demand as a diversifier, UBS says Jan 14 (Reuters) - Gold prices extended gains on Tuesday after U.S ...