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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
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
7h
Gold Rallies As December Inflation Prompts Unease
Gold futures soared on the back of yesterday’s December CPI data, climbing by $29.50 to settle at $2,722.60 for the most ...
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. on MSN
18h
Retirees: The Only 3 Precious Metals You Need to Protect Your Wealth Against Inflation
Physical precious metals like gold, silver and platinum have historically been excelletn hedges against inflation, and is ...
11d
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 ...
1d
on MSN
Gold pares gains as investors digest US inflation data
Gold prices pared gains on Wednesday after a U.S. consumer inflation report offered mixed signals about the future path of ...
24/7 Wall St
23h
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 ...
CBS News
7d
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 ...
7d
What is the gold standard?
The gold standard is a monetary system in which gold is used to guarantee the value of a country’s currency. It was a typical ...
The Express Tribune
2d
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 ...
Gold Silver Reports
3h
US Inflation news
Amid US Fed rate cut buzz, MCX gold rate continued to trade sideways but managed to sustain above ₹79,000 per 10 gm mark.
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