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Gold edges lower despite Fed rate cut hopes on cooling US inflation
Gold price (XAU/USD) declines to below $4,350 during the early Asian trading hours on Friday. The precious metal edges lower due to some profit-taking and weak long liquidation from shorter-term futures traders. Nonetheless, the potential downside for the yellow metal might be limited amid rising expectations of further US Federal Reserve (Fed) rate cuts after the US Consumer Price Index (CPI) inflation cooled unexpectedly in November. Lower interest rates could reduce the opportunity cost of holding Gold, supporting the non-yielding precious metal. Additionally, geopolitical tensions between the US and Venezuela, ... (full story)
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November’s consumer price inflation report was remarkably soft given the backdrop of tariffs and concerns over insurance costs. Remember we don't get month-on-month data due to no survey being conducted in October because of the government shutdown, but we have year-on-year prints and for headline that came in at 2.7% versus 3% in September and a 3.1% ...
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 ...
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