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Gold hits 1-month high
Gold hits one-month high as prospects for Fed cuts rise on softer US inflation data
Gold prices firmed near one-month highs hit earlier on Thursday after a softer-than-expected core U.S. inflation print increased chances of two Federal Reserve rate cuts this year, with the first likely in June.
Gold Hits One-Month High as Dollar Slides on Inflation Data
Gold prices surged to a one-month peak on Thursday, nearing $2,700 per ounce, as softer U.S. inflation data fueled hopes of lower interest rates in 2025. Spot gold rose to $2,697.45 an ounce, while February gold
Gold Futures Rise on Weak U.S. Dollar, Economic Data
Gold futures rise on a weaker dollar and U.S. economic data. Futures are up 1.1% at $2,711.90 a troy ounce. The precious metal has built on gains from softer U.S. Producer Price Index data published Tuesday.
Gold jumps most since mid-December as mild inflation data revives rate cut hopes
Front-month gold futures surged to their largest gain in nearly a month, after U.S. core inflation data came in softer than expected, easing inflation pressures and renewing hopes that the Federal Reserve may implement multiple rate cuts this year after all.
Gold climbs to over one-month high on weaker yields after US data
Gold prices rose to a more-than-one-month high on Thursday after the latest U.S. economic data pressured the Treasury yields further, following a soft core inflation reading this week that increased bets for a more dovish Federal Reserve policy.
1d
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, ...
6h
Gold Surprisingly Resilient Despite Surging Dollar And Yields
Gold has demonstrated remarkable resilience in the face of a surging U.S. dollar and rising Treasury yields. The surge in the ...
10d
Gold Extends Drop After Fed Officials Express Inflation Concern
Gold held a decline as comments from Federal Reserve officials over the weekend reinforced the view the US central bank will ...
2d
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 ...
24/7 Wall St
6h
GLD vs GLDM: Which Gold ETF Belongs In Your Portfolio?
With inflation's resurgence since October by over 5%, adding a Gold ETF to one's portfolio might be a helpgul inflation hedge ...
eVnExpress on MSN
12h
Gold price shoots up to 5-week high
Saigon Jewelry Company gold price gained 0.46% to VND87 million (US$3,428.41) per tael Thursday morning, highest since Dec.
13d
Gold Rose 26% In 2024. Here’s Why The Rally May Continue In 2025
On the final day of commodities trading of 2024, one precious metal ended the year having recorded some pretty spectacular ...
CBS News
6d
What is the price of gold today?
In fact,
gold
is typically viewed as a safe-haven asset and
inflation
hedge. As of January 10, 2025, the price of
gold
is $2,686.09 per ounce, according to American Hartford
Gold
. While that ...
The Express Tribune
1d
Gold prices fall, rupee devalues
On Monday, the price per tola had already decreased by Rs1,500, ending at Rs279,300. Internationally, gold was priced at ...
2d
Gold is one of the 'least effective' inflation hedges, according to Goldman Sachs. Here are 3 investments that actually protect your portfolio.
Goldman says that despite popular belief, gold won't help your portfolio stave off inflation — and neither will bitcoin or ...
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