Gold Investors Eye CPI Report and Inflation Data for Future Moves

Gold investors are waiting for tomorrow's Consumer Price Index report, which could result in higher gold prices regardless of the outcome. The banking crisis and unresolved debt ceiling dampen any real impact on the report. Gold prices have been rising despite dollar strength since last Friday's strong jobs report. The debt crisis is far from being resolved, and President Biden mentioned invoking the 14th amendment as an option for resolving the debt ceiling impasse.