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Gold Hovers Near Record After US CPI as Platinum Extends Rally
Gold traded near a record as investors assessed US inflation data that came in softer than expected. Platinum extended a breakneck rally that saw it surge close to $2,000 an ounce. Bullion traded little changed around $4,340 an ounce, paring earlier losses and just $40 away from an all-time high reached in October. The core US consumer prices index unexpectedly rose in November from a year earlier at the slowest pace since early 2021, supporting bets on the Federal Reserve’s appetite for further interest-rate cuts next year. The Fed delivered its third straight rate cut last week — a tailwind for precious metals, ... (full story)
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From thegoldforecast.com | Dec 18, 2025
Gold futures settled slightly lower in Wednesday trading, shedding $7.50 or 0.17% to close at $4,364.50 per ounce, after establishing a fresh intraday record high of $4,409.50 earlier in the session. The modest pullback came as market participants digested cooler-than-anticipated U.S. inflation figures that momentarily dampened safe-haven demand. The Labor ...
From finance.yahoo.com | Dec 18, 2025
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