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Gold prices surge 1% toward 2-month high
LONDON: Gold prices rose more than 1 percent on Wednesday, supported by easing expectations for a Federal Reserve rate hike next month as market participants awaited pivotal US inflation data that is likely to shed light on the central bank’s future policy path. Spot gold rose 1.1 percent to $4,413.69 per ounce by 1045 GMT. US gold futures for December delivery rose 0.7 percent to $4,473.10 per ounce.
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thehindubusinessline.com
Gold eases from seven-week peak, US inflation data looms
Gold prices ease after hitting a seven-week high, as investors await crucial US inflation data this week.
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economictimes.indiatimes.com
Gold rises for third straight session, inflation prints in focus
Gold has reached its highest point in two months, driven by traders evaluating significant upcoming U.S. inflation data that may influence interest rate decisions. Lacking…
