Gold Prices Volatile Amidst US Inflation Data and Rate Hike Uncertainty
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Gold prices fluctuated throughout the week, influenced by US inflation data and speculation about potential Federal Reserve interest rate hikes. The precious metal initially held steady near $4,160 as markets awaited US Consumer Price Index (CPI) data, which came in above expectations, increasing selling pressure. Gold futures extended losses for three consecutive sessions, falling to $4,107.90. However, prices rebounded, gaining over 1% on Thursday as the US dollar eased and global bond yields declined. Market participants awaited remarks from Fed Chair Jerome Powell for further guidance.
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📈 Altında gözler ABD'nin kritik enflasyon verisinde! Ons altın 4.169...
Gold holds steady near $4,160 as markets await US inflation data Dubai...
金價反彈逾1% 美元及債息回落 金價反彈逾1%。美元偏軟，加上美國國債收益率下跌，為金價提供支持；另外，雖然美國9月最終需求生產物價指數（...
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