Gold rally stalls with awaited CPI release just around the corner
Gradual US tariff schemes and tuned-down inflation expectations create tailwinds for Gold.
Gold Prices Surge Ahead of US CPI Data: Investors Eye Inflation Trends
Gold prices trade higher ahead of US CPI data. It hit an intraday high of $2685 and currently trading around $2683. Anticipated US CPI Release The US Consumer Price Index for December 2024 is going to be announced,
CPI Report: How Markets Are Reacting to the Inflation Data, in Charts
Take a look at how various financial markets are trading following the release of December's consumer-price index: stock futures, Treasury yields, the dollar, gold and Brent crude oil.
Gold price eyes CPI data as inflation risks boost sentiment
The US Bureau of Labor Statistics (BLS) revealed that the Producer Price Index (PPI) increased but missed estimates for a higher print. This exacerbated Gold's jump as traders grew optimistic that if the Consumer Price Index (CPI) report on Wednesday comes cooler than foreseen, it could increase the Fed's chances of easing policy during the year.
Gold prices rise after benign US CPI data; dollar weakens
Spot gold rose 0.1% to $2,6675.90 an ounce, while gold futures expiring in February rose 0.3% to $2,690.91 an ounce by 23:59 ET (04:49 GMT). Markets were now focused squarely on upcoming consumer price index inflation data, due later on Wednesday, for more cues on interest rates.
Futures rise after December CPI data
U.S. stock index futures extended gains on Wednesday as investors assessed a broadly in-line consumer inflation report to gauge its effect on the Federal Reserve's monetary policy easing this year. Data from the Labor Department showed the consumer price index rose 2.
December CPI Report: What to Expect From Inflation Data
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the report: Economists expect annual inflation to come in at 2.9% as of December,
Mixed CPI Data For December
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel oil and motor fuels). Click to read.
Gold advances as softer core CPI data revives Fed easing hopes
Gold prices extended gains on Wednesday, as the dollar dipped after U.S. core inflation data came in softer than expected, ...
Cooling CPI Drives Risk-On Rally: S&P 500 Surges, Tesla Leads; Gold Gains, Yields Fall
Cooling inflation sparks a risk-on rally as stocks surge, gold eyes a breakout, and Treasury yields fall. Tesla and Nvidia ...
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Gold Soars on Rate Cut Bets
Spot gold was steady at $2,695.84 an ounce, having earlier in the day reached its highest level since December 12.
Gold edges up on soft inflation print, US CPI in focus
Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint ...
Gold (XAU) Silver (XAG) Daily Forecast: Will CPI Data Spark a Bullish Breakout?
Gold (XAU) struggles near $2,675 as CPI data looms. Will softer inflation drive a breakout, or will bearish pressures prevail ...