Gold Advances on U.S. Inflation Data, Hovers Near $4,100 an Ounce
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4 Articles
Gold, silver prices today: Comex gold jumps $144, silver gains $1 as softer US inflation dents dollar
Gold and silver prices rose on 30 July as US inflation eased, prompting a decline in the dollar index. Gold futures reached $4,180, while silver hit $59.17. Both metals extended winning streaks despite earlier monthly losses, and traders reassessed rate hike expectations.
Forbes, the world's most conceptualized business and economic magazine. Index fell for the first time since July 2022, while the core advanced 0.1%; oil can limit the continued deceleration The post Why the Deceleration of Inflation in the U.S. Didn't Calm Investors? apareceu primeiro em Forbes Brasil.
In Comex, the metal for August closes at 1.58%, at $4,100.1 per ounce-throy
Gold Advances on U.S. Inflation Data, Hovers Near $4,100 an Ounce
Gold prices rose in local and international markets during trading on Thursday, supported by a weaker U.S. dollar and a repricing of the U.S. monetary policy outlook, following the release of the Federal Reserve's preferred inflation gauge, which showed a relative slowdown in core price pressures, while U.S. economic growth came in below market expectations.
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