Gold advances as inflation data fuels Fed rate cut optimism
Gold gained on Wednesday after an inflation print came in line with expectations, boosting the likelihood of a Federal Reserve rate cut next week, while investors awaited U.S. Producer Price Index (PPI) data for further direction on monetary policy.
Inflation data paves way for more Fed rate cuts into next year, says CIO
Fresh inflation data sets the table for a Federal Reserve rate cut at its policy meeting next week and paves the way for more cuts next year. That's Whitney Watson, global co-head and co-chief investment officer of fixed income and liquidity solutions within Goldman Sachs Asset Management,
Gold prices remained near a two-week peak touched earlier on Wednesday, supported by escalating geopolitical tensions and ...
By adding gold to your portfolio, you can not only safeguard your wealth against rising inflation but also bolster your financial resilience in an unpredictable economic landscape. As inflation ticks ...
Gold futures were rising 0.3% to $2,725.60 a troy ounce ahead of the release of key U.S. economic data. Investors are ...
Global shares and Wall Street indexes rose on Wednesday after an in-line inflation reading kept intact bets on the Federal ...
Gold held a three-day advance as traders prepared for US inflation data that will help determine whether the Federal Reserve ...
24m
Indian markets are likely to be driven by the higher close on the Wall Street, after largely in-line retail inflation data there cemented hopes of a rate cut by the US Fed next week ...
Gold futures edge higher on strong US jobs data, but could face limits due to inflation fears under Trump presidency.
Global shares turned lower on Monday as traders focused on U.S. inflation data and chip stocks fell, while Beijing's promise ...
The US Dollar (USD) stays resilient against its major rivals early Wednesday, with the USD Index holding comfortably above ...
Asian stocks were mixed on Wednesday after U.S. indexes drifted lower on Tuesday ahead of an update on U.S. consumer inflation due later in the day. Context: Traders are pretty sure of a Fed rate cut.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback