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Spot gold spikes to session high $4,048/oz after Consumer Confidence at 91.2 in June
Gold prices are trading at session highs after the latest data showed a mixed picture for U.S. consumer sentiment this month. The Consumer Confidence Index rose to 91.2 in June, below economists’ consensus forecast for a 94.2 reading but above the downwardly revised 90.6 print from May, the Conference Board announced on Tuesday. The Present Situation Index—based on consumers' assessment of current business and labor market conditions—fell by 3.0 points to 116.4. The Expectations Index—based on consumers' short-term outlook for income, business, and labor market conditions—rose by 3.0 points to 74.4. The ... (full story)
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The Conference Board Consumer Confidence Index® inched up by 0.6 points to 91.2 (1985=100) in June, up from a downwardly revised 90.6 in May. The Present Situation Index—based on consumers' assessment of current business and labor market conditions—fell by 3.0 points to 116.4. The Expectations Index—based on consumers' short-term outlook for income, ...
According to preliminary estimates, in June 2026 the Italian consumer price index for the whole nation (NIC) was null compared with the previous month and +3.0% on annual basis (down from +3.2% in the previous month). The slight slowdown in inflation reflects the price dynamics of Unprocessed food (from +5.5% to +4.5%), of Services related to recreation, ...
Over the course of a year, according to the preliminary estimate made at the end of the month, consumer prices are projected to rise by 1.8% in June 2026, following a 2.4% increase in May. This slowdown in inflation is attributed to the sharp decline in energy prices, particularly petroleum products, which are nevertheless expected to remain significantly ...
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- Jun 30, 10:20am | 3 hr ago Posted byFundamental Analysis55
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