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Gold Dips Under Yield Pressure as Traders Eye Critical US CPI Data

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Gold prices weakened as climbing bond yields and elevated interest rate expectations eroded demand for zero-yielding bullion.
  • Active traders are focusing on upcoming U.S.
  • PPI and CPI data, where higher-than-expected inflation figures could reinforce hawkish monetary policy and exert further downward pressure.
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XAUUSD price history

4382.30 -9.41% over the displayed period

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