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Gold little changed with US inflation data in sight
Gold prices hold their fort as traders keenly anticipate key inflation data that will influence interest rate strategies of the US central bank. Economists suggest the Federal Reserve will likely maintain current rates this year, while todays focus also shifts to the European Central Bank, poised to hike rates. Ongoing geopolitical tensions and fluctuating economic indicators continue to sway the precious metals market.
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thehindubusinessline.com
Gold eases as robust US payrolls boost rate-hike bets; inflation data in focus
Gold prices nudged lower on Monday as strong U.S. jobs data reinforced expectations for higher interest rates, while market participants awaited key U.S. inflation prints due…
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economictimes.indiatimes.com
Gold rises as dollar eases; US inflation data on radar
Gold prices edged higher on Tuesday due to a weakening U.S. dollar, as investors gear up for crucial inflation data that could sway the Federal Reserve's policy direction. A 60%…
