"People often think of hard assets like gold or real estate as inflation protection because they see the price of acquiring ...
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 futures soared on the back of yesterday’s December CPI data, climbing by $29.50 to settle at $2,722.60 for the most ...
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 ...
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.
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 ...
US PPI and CPI data due later in the week Dollar at its highest level in over two years Market sees 25 bps reduction in rate cuts this year Jan 13 (Reuters) - Gold prices dipped on Monday as the U ...