Gold Rises as U.S. Dollar Weakens After Inflation Report

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<p>Gold (XAU) gained 0.87% on Tuesday as the U.S. dollar started to weaken after the U.S. inflation data demonstrated a slowdown, reinforcing beliefs that the U.S. interest rate might have already peaked. Possible effects for traders U.S. inflation indicated that U.S. consumer prices didn’t change in October, and the year-over-year increase in core inflation numbers […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/527494-gold-rises-as-u-s-dollar-weakens-after-inflation-report/">Gold Rises as U.S. Dollar Weakens After Inflation Report</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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