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Gold Edges Higher as Cooler Inflation Data Meets US Dollar Weakness, but Iran Risk Keeps Bulls in Check
Today gold futures gained a modest $14.30, or 0.35%, progress for the bulls attempting to keep prices above the near-term bottom near $4,000. Today's increase brings gold futures to $4,066, but beneath the surface, when accounting for dollar weakness, sellers actually outnumbered buyers today. The U.S. dollar index declined by 0.41% today and 0.39% yesterday. The dollar is still above 100, however, at 100.49, not far from its highest value in over a year, which it reached when it hit 101.81 on June 25. Today's moves in gold and the dollar were predicated on a weaker-than-expected producer price index report released ... (full story)
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From fxempire.com | Jul 15, 2026
Gold gained some ground as traders focused on falling Treasury yields and reacted to U.S. dollar’s pullback. Treasury yields moved lower as bond traders focused on the Producer Prices report from the U.S. The report indicated that PPI decreased by -0.3% month-over-month in June, compared to analyst forecast of 0%. Core PPI increased by +0.2%, while analysts ...
From msn.com | Jul 15, 2026
Gold prices trimmed losses on Wednesday after U.S. producer prices unexpectedly fell in June, although worries about inflation and elevated interest rates remained due to escalating tensions in the Middle East. Spot gold was broadly steady at $4,057.34 per ounce by 1:40 p.m. EDT (1740 GMT) after falling nearly 1% earlier in the session. U.S gold futures ...
