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Gold subdued as oil rises, investors await key US inflation
Gold prices decline as market participants turn their attention toward upcoming United States inflation data releases.
4 trends tracked about this subject — the full history, oldest to newest below.
Gold prices decline as market participants turn their attention toward upcoming United States inflation data releases.
Comex gold prices climbed to a more than three-month high, settling at $4640.80 as investors anticipate upcoming U.S. inflation data.
Financial markets experience mixed sessions as technology stocks diverge, memory chip euphoria cools, and upcoming economic reports draw attention.
May PCE inflation climbs above 4%, reviving talk of a Fed rate hike