2026-05-12
Gold prices fell sharply on Wednesday, slipping below the $4,700 per ounce mark, after the release of stronger-than-expected US Consumer Price Index (CPI).
Gold prices fell sharply on Wednesday, slipping below the $4,700 per ounce mark, after the release of stronger-than-expected US Consumer Price Index (CPI).
Gold prices are facing renewed selling pressure this week as hotter-than-expected US inflation data and a corresponding surge in Treasury yields have strengthened.
A new analysis from ING suggests that gold’s trajectory to record highs is increasingly dependent on the Federal Reserve’s next moves on interest.
Gold prices retreated below the $4,700 mark on Tuesday, pressured by a strengthening US dollar as geopolitical tensions surrounding Iran and renewed expectations.
Gold prices extended their decline on Wednesday, pulling back further from the three-week peak reached earlier this week, as the US dollar regained.
Gold prices slipped on Tuesday, retreating from a three-week peak, as escalating geopolitical tensions involving Iran and growing expectations of a more hawkish.
Gold prices edged higher during Asian trading hours on Wednesday, hovering near the psychologically significant $4,750 level as investors adopted a cautious stance.
Bridgewater Associates founder Ray Dalio has cast doubt on Bitcoin’s status as a safe haven asset, arguing that the cryptocurrency lacks key characteristics.
Gold prices remain under pressure, trading below the $4,700 mark as persistent inflation data reinforces expectations that the Federal Reserve will maintain or.
Gold prices surged on Monday after former President Donald Trump publicly rejected the revival of the Iran nuclear deal, a move that has.