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.
Gold rises for fifth day as US data lifts Fed rate-cut bets
GOLD nudged higher for a fifth straight session on Thursday (Dec 12) to hover near a more than two-week peak, supported by increased expectations of an interest rate cut from the Federal Reserve next week after US inflation data came in line with forecast.
Gold prices traded mostly flat on Wednesday as investors looked forward to a critical U.S. inflation print that could ...
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 ...
Gold prices were flat on Wednesday as investors awaited a U.S. inflation print that could influence the likelihood of a ...
Gold prices rallied Wednesday after U.S. inflation data met market expectations, gaining for a fourth straight session to settle at $2,756.70 an ounce on Comex — the highest level since Oct. 30, the ...
Gold held a three-day advance as traders prepared for US inflation data that will help determine whether the Federal Reserve ...
Meanwhile, the Pakistani rupee experienced a slight decline of 0.04% against the US dollar in the inter-bank market on ...
Global shares turned lower on Monday as traders focused on U.S. inflation data and chip stocks fell, while Beijing's promise ...
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.
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback