Speaking on the reasons that are dominating gold rates today, Jigar Trivedi, Senior Research Analyst at Reliance Securities, said, "Easing underlying inflation in the US renewed hopes of a less ...

Additionally, rising energy costs could reignite inflation concerns, further driving safe-haven demand. The daily chart for gold shows that the price is trading within an ascending broadening ...

The rise in spot gold prices reflects the inflation trend that started in 2020, with gold trading in January 2020 at $1,516 per oz. and rising to $2,749 shortly before the November 2024 ...

What’s going on here? Gold prices have hit their highest in over a month, thanks to softer-than-expected US core inflation figures that have investors buzzing about possible Federal Reserve rate cuts.

Better than expected data on US inflation ... the chart above (and possibly also of the accompanying rampaging US Dollar…thrown in below). US Dollar Index Futures (Front month, back-adjusted ...

(Bloomberg) -- Gold climbed to the highest in a month after a surprise slowdown in US inflation revived expectations for Federal Reserve rate cuts this year. Bullion traded at over $2,700 an ounce ...

the Federal Reserve has adjusted its outlook, projecting a slower pace of rate cuts in 2025. Policymakers are taking a cautious approach, balancing the need to curb inflation with maintaining ...

A line chart titled "Spot gold price in USD per oz" that tracks the metric over time. Initial claims for state unemployment benefits rose to a seasonally adjusted ... core U.S. inflation increased ...

Gold prices firmed near one-month highs hit earlier on Thursday after a softer-than-expected core US inflation print increased chances of two Federal Reserve rate cuts this year, with the first likely ...

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 ...

(Reuters) – Gold prices firmed on Wednesday as the U.S. dollar and Treasury yields retreated, while markets participants awaited U.S. inflation data for clues on Federal Reserve’s interest rate ...