Gold prices finished the week around 1.5% higher after prices rallied on Friday as Treasury yields moderated. Traders digested inflation data via the consumer price index (CPI) and producer price index (PPI) throughout the week, with both gauges cooling from the prior month. Federal Reserve rate hike bets eased following the 8.5% y/y CPI print, pushing yields lower. The rate-sensitive US Dollar fell through the week. Confidence in quickly waned after the initial CPI reaction. Fed members, including San Francisco Fed President Mary Daly and Minneapolis Federal Reserve bank President Neel Kashkari, pushed back on the ... (full story)