Gold edges up on soft inflation print, US CPI in focus | Reuters

2 days ago · Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint hope that the Federal Reserve would continue on its rate-easing path ...

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Gold Edges Higher On Softer Dollar; US Inflation Data In Focus

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Apr 11, 2023 · Gold prices rose on Tuesday after falling more than 1% in the previous session, as the dollar eased while investors awaited this week's U.S. inflation data that could influence the …

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Gold Crashes As USD Surges, Focus On US Inflation Data - FXStreet

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Nov 12, 2024 · Gold’s price recovered initial weekly losses and edges higher for the second day in a row, approaching the $2,700 mark of broad US Dollar's weakness. Risk appetite limits …

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PRECIOUS-Gold Slips To Near Three-week Low; Focus Shifts To US

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Dec 11, 2023 · The dollar .DXY rose 0.2%, making gold more expensive for other currency holders. U.S. 10-year Treasury yields also edged higher. USD/ US/ "Gold and silver traders …

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Gold Ticks Up, US Inflation Data In Focus - Moneycontrol

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Oct 10, 2024 · Gold set for weekly gain with focus on Fed's policy decision Gold prices ended 0.98% above at Rs 77,509 on Dec 11: MCX Data Gold slips below Rs 79,000 per 10 gm on …

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Gold Advances As Yields, Dollar Slip After US Inflation Data

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Nov 14, 2023 · Gold prices gained 1% on Tuesday as the dollar and Treasury yields retreated after softer-than-expected U.S. consumer inflation data fuelled bets that the Federal Reserve …

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PRECIOUS-Gold Edges Higher On Softer Dollar; US Inflation Data In …

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Gold Edges Up On Soft Inflation Print, US CPI In Focus - MSN

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Spot gold gained 0.3% to $2,671.27 per ounce as of 01:50 p.m. ET (1850 GMT). U.S. gold futures settled 0.1% higher at $2,682.30. Data showed Producer Price Index (PPI) rose 3.3% on an …

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Gold Jumps Most Since Mid-December As Mild Inflation Data …

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1 day ago · Front-month Comex gold for January delivery closed +1.3% to $2,712.50/oz, the sixth gain in the past seven sessions and largest one-day dollar and percentage gain since …

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Gold Edges Up On Softer Dollar; Focus On US Inflation Data

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Nov 27, 2024 · Gold prices inched up on Wednesday as the US dollar eased, while investors' focus shifted to key inflation data from the world's biggest economy for cues on the likely scale of a Federal Reserve rate cut next month. Spot gold rose 0.3% to $2,639.30 per ounce, as of 0523 GMT. Bullion hit an over one-week low on Tuesday. US gold futures rose 0.7% ...

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FAQs about Gold edges up on soft inflation print, US CPI in focus | Reuters Coupon?

Why is gold less expensive compared to other currencies?

* The dollar index was down 0.1% against its rivals, making gold less expensive for other currency holders. * Economists polled by Reuters expect U.S. headline inflation to be flat for November, and core inflation to be steady at an annual pace of 4% - well above the Federal Reserve's 2% target. ...

Why did gold prices increase on Tuesday?

Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint hope that the Federal Reserve would continue on its rate-easing path this year, sending the dollar lower. ...

Will gold prices go higher if core CPI comes hotter?

Prices scaled a record high last month. U.S. gold futures gained 0.2% at $2,631.40. The U.S. Consumer Price Index (CPI) for September is due at 1230 GMT and Producer Price Index (PPI) data on Friday. ”If core CPI comes hotter, U.S. Treasury yields will go higher and that is bad for gold. ...

Why did gold futures surge in a month?

Play(2min) monsitj/iStock via Getty Images 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 Reserve may implement multiple rate cuts this year after all. ...

Will fed hike interest rates on gold?

Nov 14 (Reuters) - Gold prices gained 1% on Tuesday as the dollar and Treasury yields retreated after softer-than-expected U.S. consumer inflation data fuelled bets that the Federal Reserve may be done hiking interest rates. Spot gold was up 0.9% at $1,962.44 per ounce by 2:30 p.m. ET (1930 GMT), set for its best session since Oct. 27. ...

How will a stronger dollar affect gold?

UBS noted that a stronger dollar and elevated U.S. yields will likely remain headwinds in the first half of this year for gold but should be more than offset by demand for the metal as a diversifier. Spot silver added 0.8% to $29.83 per ounce, platinum lost 1.6% to $938.65, and palladium rose 0.1% to $939.61. ...