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Gold Extends Gains
Gold gains as dollar retreats ahead of Fed's inflation gauge
Gold extended gains on Friday, as the U.S. dollar pulled back from two-month highs on heightened expectations for a Federal Reserve rate cut in November with investors looking forward to the central bank's key inflation gauge for further direction.
Gold gains amid mixed US inflation, labor data
Bullion rose as much as 0.7% to trade at $2,647.25 an ounce, building on gains made in the previous session that came after mixed US economic data. Separate US reports on Thursday showed underlying inflation rose more than forecast in September, while applications for unemployment benefits last week increased to a more than one-year high.
Gold Extends Gains After U.S. Inflation Data
Gold prices extended gains after U.S. producers’ selling prices stayed flat in September, pointing to continued easing in inflation.
Gold gains as dollar off 2-month highs on Fed rate cut expectations
Gold extended gains after the release of the latest data on U.S. producer prices on Friday, as the U.S. dollar pulled back from two-month highs on heightened expectations for a Federal Reserve rate cut in November.
9h
Gold (XAU) Price Forecast: Can Geopolitical Tensions and Inflation Push Gold Prices Higher?
Will Fed rate cut expectations drive gold prices higher next week? Geopolitical tensions and inflation data keep traders on ...
2d
Milton Warned Us... Inflation Is Far From Dead
Major revisions to CPI calculations shed light on the diminution of the American Dream, the rise of populism, and the current ...
2d
Gold extends gains over 1% as US PPI data solidifies rate cut hopes
Gold rose over 1% on Friday after a U.S. inflation data cemented prospects of a rate cut next month, restraining the dollar ...
1d
Gold buoyed by weak US labor market; silver and palladium rise on weaker dollar
Gold prices rose on Friday, ignoring hotter inflation in the US, and focusing on weaker labour market in the country.
3d
on MSN
Should you invest in gold before the November Fed meeting?
With another rate cut likely for the Fed's November meeting, some investors may want to turn to gold now. Here's why.
1d
Should Gold Be A Part Of Your Portfolio? (Part 3)
People often consider investing in gold. Is that a smart move? Will gold improve your investment portfolio or should you ...
3d
Gold Snaps Losing Streak Amid Inflation Questions
Gold prices advanced after a hotter-than-expected CPI report injected some uncertainty into the idea of shrinking inflation and a soft-landing — re-energizing the appetite for safe-haven assets.
3d
on MSN
Gold ticks up, US inflation data in focus
Gold prices nudged higher on Thursday, while traders await a key U.S. inflation data due later in the day to gauge the ...
4d
on MSN
With gold's price high, should you sell or invest more?
If you've had your gold investments for a while, they're likely worth a lot more today than when you bought them. So, if ...
1d
on MSN
Gold rate today: Yellow metal remains elevated as easing US inflation fuels US Fed rate cut buzz
The release of the US CPI data significantly impacted gold prices, leading to a continued rally on Friday last week. The MCX ...
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