and weigh on gold. Equity markets might face downward pressure if traders interpret the data as reducing the urgency for further Fed rate cuts. Conversely, weaker job growth could reinforce ...

Ichiro Suzuki became the first Japanese player chosen for baseball’s Hall of Fame, falling one vote shy of unanimous when he ...

Gold prices firmed on Friday (Jan 17) and were headed for a third straight week of gains after US data this week hinted that the Federal Reserve might continue easing interest rates this year. Spot ...

Bullion up 0.5% for the week so far Focus on Trump's inauguration on Jan. 20 Traders pricing in two Fed rate-cuts for the year Jan 17 (Reuters) - Gold prices were pressured by an uptick in the U.S ...

(RTTNews) - The Atlanta Fed lifted its estimate for U.S. GDP growth in the fourth quarter of 2024 on Thursday citing the recent economic data. The GDPNow model estimate for real GDP growth for the ...

According to market experts, the gold price today has risen due to soft US core inflation data that has triggered buzz about a US Fed rate cut in the upcoming US Fed meeting at the end of this month.

Here is a look at comments from Fed policymakers since the last rate-setting decision, sorting them under the labels "dove" and "hawk" as a rough shorthand for their monetary policy leanings ...

Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.

Gold prices eased slightly on Wednesday as investors awaited the U.S. consumer price inflation (CPI) report, which is expected to provide crucial insights into the Federal Reserve's future ...

"Core CPI came in a little bit below expectations. This is a bit of a positive for gold... The corollary to this is that the Fed will not necessarily exclude the possibility of cutting rates ...

In a recent interview by Soar Financially, Axel Merk, director of Merk Investments, shared his thoughts on the Federal Reserve, gold, and the mining sector. The conversation started with a mention ...