Gold Prices Defy Strong US Dollar Amid Weak US CPI Report
25 days ago
Iniciador de discusión Ubicación: Indonesia
Unido en: 2 years ago
Gold rises above $2,930 as safe-haven demand overcomes rising US yields Weaker US CPI data supports bets on Fed rate cuts, fueling Gold’s rally despite US Dollar rebound. Trade war concerns persist; US Treasury yields rise amid fears of renewed inflationary pressures from tariffs. Central banks continue to make aggressive Gold purchases, supporting bullish sentiment.
25 days ago
Oh, I love the Safe Haven reason you mentioned for gold. And of course, I knew it would take the advantage over USD for the reduced CPI.
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