Gold gains amid mixed US inflation, labor data
Bullion rose as much as 0.7% to trade at $2,647.25 an ounce, building on gains made in the previous session that came after mixed US economic data. Separate US reports on Thursday showed underlying inflation rose more than forecast in September, while applications for unemployment benefits last week increased to a more than one-year high.
Major revisions to CPI calculations shed light on the diminution of the American Dream, the rise of populism, and the current ...
With another rate cut likely for the Fed's November meeting, some investors may want to turn to gold now. Here's why.
Gold prices advanced after a hotter-than-expected CPI report injected some uncertainty into the idea of shrinking inflation and a soft-landing — re-energizing the appetite for safe-haven assets.
People often consider investing in gold. Is that a smart move? Will gold improve your investment portfolio or should you ...
Gold prices nudged higher on Thursday, while traders await a key U.S. inflation data due later in the day to gauge the ...
Gold headed higher on Thursday following declines over the last four consecutive sessions, as investors weighed prospects for another Federal Reserve interest-rate cut after data showed a ...
In the opposite situation, nominal yields could be declining, but if inflation is falling faster, then real yields could ...
Canada's main stock index rose to a record high on Thursday as stronger commodity prices and a weaker Canadian dollar lifted ...
Will Fed rate cut expectations drive gold prices higher next week? Geopolitical tensions and inflation data keep traders on ...
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