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Gold Firms on Softer Dollar, Inflation Data and Mideast Risks in Focus

Spot gold rose 0.6% as traders awaited U.S. inflation reports and weighed a 60% chance of another Federal Reserve rate hike.

Summary by CNBC
Gold firmed on Wednesday as the dollar remained muted, while renewed U.S.-Iran attacks and upcoming inflation data kept focus on the rate outlook.

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Gold prices rose today Wednesday with a slight decline in the dollar, while renewed attacks between the United States and Iran and anticipated inflation data were maintained

·Syrian Arab Republic (the)
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This article was originally published on Cedarnews.net. For more exclusive news and reports, visit our website. Gold prices rose today, supported by a slight decline in the dollar, while renewed attacks between the United States and Iran and upcoming inflation data kept the focus on the outlook for interest rates, according to Reuters. Spot gold rose 0.4 percent to $4,372.19 per ounce by 02:30 GMT. Meanwhile, U.S. gold futures for December deli…

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  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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Bloomberg broke the news in New York, United States on Monday, September 7, 2026.
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