Gold Price Spikes as US Inflation Data Ease 'Fed Rate Hike' Fears

21 hours ago · The GOLD PRICE spiked against a falling US Dollar on Wednesday, coming within $100 of Halloween's all-time high for the 2nd time in a week as equities rose with bond prices – driving down borrowing costs – after new data said underlying inflation slowed a little last …

$100
OFF

Gold Price Spikes As US Inflation Data Ease 'Fed Rate Hike' Fears

2 weeks from now

bullionvault.com

2%
OFF

Gold Advances As Softer Core CPI Data Revives Fed Easing Hopes

2 weeks from now

9 hours ago · US core CPI rises 3.2% on a yearly basis in December Dollar down 0.4% against its rivals Donald Trump to begin his second term next week Jan 15 (Reuters) - Gold prices …

reuters.com

34%
OFF

Gold Prices Gain Ground After US PPI Inflation Sparks Fresh Rate Cut …

2 weeks from now

1 day ago · Daily digest market movers: Gold price advances on steady US yields. Gold price shrugs off higher US real yields, which remain at around 2.34%. The US Dollar retreated after …

fxstreet.com

95%
OFF

Gold Advances As Inflation Data Fuels Fed Rate Cut Optimism

2 weeks from now

Dec 11, 2024 · US CPI data was in line with expectations Odds of 25 bps US rate cut in Dec. at 95% Gold could reach $3,000/oz by the end of 2025, analyst says Dec 11 (Reuters) - Gold …

reuters.com

$2330
OFF

Gold Spikes After US Inflation Data Increases Fed Rate-cut Bets

2 weeks from now

Jun 12, 2024 · Gold surged one percent to trade in the $2,330s after the release of lower-than-expected US inflation data raised bets the Fed will cut interest rates sooner than previously …

fxstreet.com

4%
OFF

Gold Prices Rise Amid Fed Rate Cut Speculations Post US Inflation …

2 weeks from now

Nov 28, 2024 · Gold prices rise amid fed rate cut speculations post US inflation data dip Spot gold was up 0.4% to $2,645.67 per ounce. U.S. gold futures rose 0.2% to $2,644.80, with low …

financialexpress.com

6%
OFF

Gold Prices Surge Amid U.S. Inflation Data And Fed Rate Cut …

2 weeks from now

Jun 28, 2024 · Core PCE also slowed to 2.6% from 2.8%, indicating that inflation is steadily approaching the Fed's 2.0% target. Personal spending data rose 0.2% in May, slightly below …

tradingnews.com

$1992.90
OFF

Gold Prices Capped As Fed Signals Possible Rate Hikes Amid …

2 weeks from now

Mar 31, 2023 · Gold is expected to end the month and quarter higher due to expectations that the Fed might pause interest rate hikes. At 08:00 GMT, June Comex Gold is trading $1992.90, …

fxempire.com

$2580
OFF

Gold Soars Past $2,580 As Fed Rate Cuts Loom And Geopolitical …

2 weeks from now

Sep 16, 2024 · The US economic data, signaling a deceleration in activity, has heightened speculation that the Fed will act to reduce interest rates. According to the CME FedWatch tool, …

tradingnews.com

FAQs about Gold Price Spikes as US Inflation Data Ease 'Fed Rate Hike' Fears Coupon?

Will FED rate hikes affect gold prices?

For gold investors, interest rates set by the Fed can influence not only market changes but larger economic factors that tend to draw people to (or away from) gold. If the Fed's recent signaling holds, and more rate hikes are on the horizon this month or later in the year, gold prices could be effected. Considering gold today? ...

What happened to gold prices on Friday?

Investing.com-- Gold prices fell slightly on Friday, extending losses into a third straight session as stronger-than-expected U.S. inflation and labor market data saw fears of more Federal Reserve rate hikes come back into focus. The yellow metal was now set to end the week well below $2,000 after failing to retake the level in recent sessions. ...

Are bets for a Federal Reserve interest-rate cut fully priced into gold?

Gold prices climbed to a fresh record high on Thursday, with inflation data this week providing support. However, some analysts believe bets for a Federal Reserve interest-rate cut next week have been fully priced into the precious metal. ...

Why did gold prices rise in April?

For instance, after the March rate hike of 25 basis points, the price of gold (which was already rising) continued to improve and reach near all-time highs by April — likely spurred on by recent bank failures. After the most recent increase in May, too, gold prices stayed strong due to increased demand amid the potential debt default. ...

Why did gold rise on Wednesday?

Dec 11 (Reuters) - 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. Spot gold climbed 0.9% to $2,717.29 per ounce, as of 01:41 p.m. ET (1841 GMT). ...

Why did gold prices rally?

That rally was trigged by expectations that began to form in late 2018, that the Fed would have to lower rates in 2019, which it did with three 25-basis-point (bps) cuts. When the Fed cut a further 150 bps early in the pandemic period and expanded its balance sheet by $1 trillion per month between March and May 2020, gold prices rallied further. ...