1420 ET – Gold rises after a hotter-than-expected CPI report injects some uncertainty into the idea of shrinking inflation and a soft-landing — re-energizing the appetite for safe haven assets.
U.S. CPI data due at 1230 GMT Gold to reach $2,850/oz by mid-2025 - UBS Platinum climbs more than 1% Oct 10 (Reuters) - Gold prices recovered slightly on Thursday to snap a six-session losing ...
As inflation soared to 9.1% in June 2022, many people turned to gold to protect their wealth. But inflation has since cooled to 2.5% in August 2024, and the Federal Reserve, which just cut rates ...
Gold prices were little moved on Thursday, as traders awaited a major US inflation report anticipated later in the day to acquire a better understanding of the Federal Reserve’s monetary policy ...