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Gold little changed with US inflation data in spotlight
Gold prices held steady as investors kept a watchful eye on upcoming United States inflation data, which is expected to offer insights into the Federal Reserve's interest rate decisions. Market participants are looking towards a potential pause in rate hikes next month. Concurrently, other precious metals, including silver, platinum, and palladium, experienced slight increases, reflecting ongoing global economic concerns and trade tensions impacting market dynamics.
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economictimes.indiatimes.com
Gold hits over three-month high ahead of US inflation data, Fed chair speech
Gold prices have surged to a three-month high, driven by investor anticipation for upcoming US inflation data. The speech by Federal Reserve Chair Kevin Warsh is also a focal…
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Gold touches highest level since mid-May as buying momentum builds
Gold prices experienced an uptick on Tuesday, fueled by news of Treasury buybacks. The market's focus is now on significant U.S. inflation data and a forthcoming address from the…
