Markets · 1 sources covering this

Gold firms below 10-week high as markets brace for US CPI data

Gold prices experienced a notable increase on Wednesday as market participants anticipated essential inflation data. Worries about oil-induced inflation, stemming from unrest in the Middle East, kept the markets on edge. In light of recent job reports, traders lowered their predictions for a potential Federal Reserve rate hike next month. Furthermore, the Indian markets regulator is considering the extension of rules for vault managers handling bullion.

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·3h ago
Gold firms below 10-week high as markets brace for US CPI data
Gold prices experienced a notable increase on Wednesday as market participants anticipated essential inflation data. Worries about oil-induced inflation, stemming from unrest in the Middle East, kept the markets on edge. In light of recent job reports, traders lowered their predictions for a potential Federal Reserve rate hike next month. Furthermore, the Indian markets regulator is considering the extension of rules for vault managers handling bullion.
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/48053c05851e530684cffccd00755f56d6d35fd2"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Gold firms below 10-week high as markets brace for US CPI data"></iframe>

Gold firms below 10-week high as markets brace for US CPI data

How 1 sources are covering this