Gold advances as softer core CPI data revives Fed easing hopes

12 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 extended gains on Wednesday ...

2%
OFF

Gold Advances As Softer Core CPI Data Revives Fed Easing Hopes

2 weeks from now

reuters.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

43%
OFF

Gold Prints New Record Peaks As Fed Rate Cut Expectations Surge

2 weeks from now

Sep 13, 2024 · Gold hits new all-time high at $2,586 amid rising expectations of a significant Fed rate cut, with a 43% chance of a 50 bps reduction. US Treasury yields fall, US Dollar Index …

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

1%
OFF

Gold Drops 1% As Robust US Jobs Data Strengthens Dollar

2 weeks from now

3 days ago · Jan 13 (Reuters) - Gold prices dipped on Monday as the U.S. dollar soared to an over two-year high after a robust jobs report last week cemented expectations the Federal …

reuters.com

4%
OFF

Gold Prices Surge On Rate-Cut Optimism – What’s Next?

2 weeks from now

Mar 1, 2024 · Gold prices rose for a second consecutive day on Friday, after U.S inflation eased to 2.4% in January – supporting expectations of rate cuts later this year.

fxempire.com

3%
OFF

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

2 weeks from now

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 December 20, …

msn.com

2%
OFF

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

2 weeks from now

Jun 28, 2024 · Personal spending data rose 0.2% in May, slightly below the forecasted 0.3% increase but up from April's 0.1% rise. The data suggests that the Fed might cut interest rates …

tradingnews.com

$100
OFF

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

2 weeks from now

1 day 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 …

bullionvault.com

10%
OFF

Gold News: Inflation Data Sparks Caution On Fed Cuts - FX Empire

2 weeks from now

Nov 28, 2024 · Core inflation progress remains slow, raising doubts about a December Fed rate cut. SPDR Gold Trust holdings fell 0.10% this week, signaling muted demand for gold. Gold …

fxempire.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

59%
OFF

Gold Prices Are Under Pressure Due To Inflation Concerns And A

2 weeks from now

Nov 15, 2024 · Market expectations for a 25-basis-point rate cut in December have decreased to 59%, down from 83% a day earlier, according to the CME Fed Watch Tool. This change …

kitco.com

3%
OFF

Gold Surges To All-Time Highs Amid Fed Rate Cuts And Global …

2 weeks from now

Sep 24, 2024 · As of midday Monday, spot gold was trading at $2,627.34/oz, with US futures climbing 0.3% to $2,653.70/oz. This rise marks the continuation of a 27% rally in 2024. …

tradingnews.com

778%
OFF

10-Year Treasury Yields Spike As December Jobs Surge Stuns Stock …

2 weeks from now

5 days ago · U.S. 10-year Treasury yield hits 4.778% after December’s strong jobs report, highest since November 2023. Stock futures tumbled, with S&P 500 down 1% and Nasdaq-100 off …

fxempire.com

$2400
OFF

Gold Prices Surge To Near-Record Highs Amid Fed Rate Cut …

2 weeks from now

Jul 12, 2024 · Gold Prices Skyrocket Amid Fed Rate Cut Speculations. Gold prices (XAU/USD) surged past the $2,400 mark, reaching the $2,424-2,425 region, their highest since May 22. …

tradingnews.com

$100
OFF

#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

2 weeks from now

2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

youtube.com

FAQs about Gold advances as softer core CPI data revives Fed easing hopes Coupon?

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. ...

What is affecting the gold price?

The gold price is currently operating in a multifaceted environment that is influenced by a robust U.S. dollar, stronger-than-anticipated inflation data, and changing expectations regarding Federal Reserve policy. ...

Will the Federal Reserve cut gold rates?

Therefore, a rate cut can be expected by the Federal Reserve on this basis. Spot gold price was up by 0.4 per cent to $2,645.67 per ounce, Similarly US gold futures saw an increase of 0.2 per cent to $2,644.80, with low trading volumes expected as US markets are closed for Thanksgiving. ...

Why did gold prices drop on Monday?

Gold prices dipped on Monday as the U.S. dollar soared to an over two-year high after a robust jobs report last week cemented expectations the Federal Reserve will proceed with caution with cutting interest rates this year. ...

Why did gold prices rally on Wednesday?

Gold prices extended their rally on Wednesday, driven by expectations of an upcoming Federal Reserve (Fed) rate cut. Spot gold (XAU/USD) rose 0.40 per centto USD 2,711, as the US Consumer Price Index (CPI) data signalled potential monetary easing in the December 17-18 Fed meeting. ...

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). ...