Gold and oil prices are under pressure due to a stronger US dollar and mixed economic data, with gold experiencing a decline after reaching a record high and oil potentially facing its second weekly loss.
A lower-than-expected PCE reading may contribute to a much anticipated rate cut. However, a stronger inflation reading could force the Fed to delay policy easing. The markets are pricing in a 74.3% probability of a September rate cut.
Gold and oil prices are under pressure due to a stronger US dollar and mixed economic data, with gold experiencing a decline after reaching a record h...
A lower-than-expected PCE reading may contribute to a much anticipated rate cut. However, a stronger inflation reading could force the Fed to delay po...
Producer inflation fell 0.2% vs. 0.1% expected, fueling hopes that a rate cut may finally be on the horizon. ...
Gold
Bullion
XAUUSD
Loading...
We value your privacy
We use cookies to give you the best-possible experience on our site and serve you personalised content. Click “Sounds good” to agree to our Cookie Policy.