Gold Rises as U.S. Dollar Weakens After Inflation Report
<p><img width="478" height="359" src="https://www.actionforex.com/wp-content/uploads/tag-images/gold2.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/tag-images/gold2.jpg 478w, https://www.actionforex.com/wp-content/uploads/tag-images/gold2-300×225.jpg 300w, https://www.actionforex.com/wp-content/uploads/tag-images/gold2-80×60.jpg 80w, https://www.actionforex.com/wp-content/uploads/tag-images/gold2-265×198.jpg 265w" sizes="(max-width: 478px) 100vw, 478px" /></p>
<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>
Leave a Comment