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Gold futures decline following hot PPI data despite dovish Fed expectations
Market participants entered Thursday with heightened expectations following this week's encouraging Consumer Price Index data, which had rekindled optimism for monetary policy easing in the latter half of 2025. However, the Producer Price Index release delivered a sobering reminder that inflationary pressures remain persistent at the wholesale level, creating ripple effects across commodity markets and challenging the prevailing narrative of imminent rate cuts. Inflation Data Delivers Unwelcome Surprise: The U.S. Bureau of Labor Statistics reported that the Producer Price Index for final demand surged 0.9 percent in ... (full story)
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From fxstreet.com | Aug 14, 2025
Silver (XAG/USD) edges lower on Thursday, snapping a two-day losing streak as stronger-than-expected US Producer Price Index (PPI) and upbeat Jobless Claims data bolster the US Dollar. At the time of writing, the metal is trading near $38.00 during the American session, down nearly 1.30% on the day. Earlier in the Asian session, XAG/USD struggled to sustain ...
In another inflation shocker – services again! – the Producer Price Index Final Demand for Services exploded by 1.08% in July from June (+13.8% annualized!), the worst since March 2022 when inflation was peaking (blue in the chart). It was broad based: Prices for services less trade, transportation, and warehousing spiked by 0.69% (8.6% annualized), while ...
From brecorder.com | Aug 15, 2025
Gold prices gained on Friday, helped by a pullback in the dollar, although bullion was headed for a weekly fall as hotter-than-expected US inflation data dented expectations for a super-sized 50-basis-point (bps) Federal Reserve rate cut. Spot gold rose 0.4% to $3,348 per ounce as of 0506 GMT. Bullion has lost 1.5% for the week. US gold futures for December ...
