Gold Ticks up as Oil Eases; Spotlight on US Inflation Data
9 Articles
9 Articles
Gold prices rose as oil retreated and American inflation data, which might determine the interest path, were expected at a time when an analyst warned that higher than expected inflation might cause precious metal to regress further.
Gold prices rise in Pakistan as oil and dollar retreat in international market
KARACHI: Gold prices increased in Pakistan on Tuesday, tracking gains in international bullion markets as oil prices and the US dollar retreated, while expectations of a Federal Reserve interest rate hike remained subdued ahead of key US inflation data due later this week.According to rates...
Gold rises as oil drops - Trading and Investment News
Spot gold was up 0.4% to $4,185.69 per ounce after hitting a one-week high on Monday Gold ticked up on Tuesday as oil prices slipped, while markets focused on the upcoming US inflation data for latest signals on the central bank’s interest-rate trajectory. Spot gold was up 0.4% to $4,185.69 per ounce by 0356 GMT […]
Gold rose as operators keep an eye on inflation data to be published at the end of this week
Key takeaways The price of gold rose slightly on Tuesday in the wake of falling crude oil prices. Investors are currently awaiting the upcoming US inflation figures to gain more insight into the Federal Reserve's expected interest rate policy. After the week's high, reached on Monday, spot gold was trading at 11:31 […]
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