Gold prices fluctuate ahead of Fed meeting and economic data releases.
TL;DR Summary
Gold and silver prices are down due to a stronger US dollar index, lower crude oil prices, and a rise in US Treasury yields. The US Federal Reserve's monetary policy meeting and key inflation reports are expected to impact the market. The CPI is forecast to be up 4.0% year-on-year, while the PPI is seen down 0.1% month-on-month. The US dollar index is firmer, crude oil prices are lower, and the benchmark 10-year US Treasury note yield is presently fetching 3.776%.
- Gold, silver down amid bearish outside markets; FOMC looms Kitco NEWS
- Gold eases as dollar firms at start of busy Fed week CNBC
- Gold prices inch higher as traders await inflation report, Fed meeting msnNOW
- Gold price up slightly as major U.S. data looms Kitco NEWS
- Gold Futures: Further losses not favoured FXStreet
Reading Insights
Total Reads
0
Unique Readers
19
Time Saved
3 min
vs 4 min read
Condensed
88%
673 → 81 words
Want the full story? Read the original article
Read on Kitco NEWS