Gold Prices Edge Lower as Dollar Strengthens Ahead of Inflation Data

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• Gold prices climb, yet remain below record levels due to ongoing dollar strength
  Gold prices rose in Asian trading on Monday but stayed significantly below recent record highs due to the continued strength of the dollar, which exerted downward pressure on metal markets.
• Gold Prices Decline Amid Dollar Strength and Rate Uncertainty
  Gold prices experienced a downturn in Asian trading on Thursday, primarily influenced by the strength of the dollar and U.S. Treasury yields, as investors awaited key economic indicators that could impact interest rate decisions.
• Gold prices decline as dollar bounces back with focus on Fed officials
  Gold prices declined in Asian trading on Tuesday, influenced by a recovery in the dollar and Treasury yields ahead of a series of significant Federal Reserve speeches scheduled for this week.
• Gold Prices Dip Amid Expectations of Prolonged Higher Interest Rates
  Gold prices declined in Asian trade on Monday due to rising expectations that the Federal Reserve will maintain higher interest rates for an extended period. However, some safe-haven demand and short-term dollar weakness helped support the yellow metal above key levels.
• Gold Prices Dip as Attention Shifts to US Inflation Figures
  Gold prices experienced a slight decline on Tuesday as investors awaited crucial U.S. inflation data, which could provide insights into the Federal Reserve’s timeline for potential interest rate adjustments.
• Gold Prices Dip as Traders Await Key Labor Market Data
  Gold prices edged lower in early trading on Tuesday as market participants focused on the upcoming U.S. labor market data, which is expected to influence the Federal Reserve’s decision on potential interest rate cuts in September.
• Gold prices dip below $2,150 ahead of Fed meeting; copper rally eases
  Gold prices declined in Asian trading on Monday, breaching a crucial support level as traders shied away from non-yielding assets ahead of further signals on interest rates from a Federal Reserve meeting later in the week.
• Gold Prices Dip From Record Highs as Dollar Recovers Amid Inflation Focus
  Gold prices edged lower in Asian trade on Wednesday, retreating slightly as the U.S. dollar recovered from 13-month lows. Investors are closely watching upcoming inflation data for further clues on the Federal Reserve’s interest rate trajectory.
• Gold Prices Edge Higher Amid Tariff Concerns, but Dollar Strength Limits Gains
  Gold prices saw a slight increase on Wednesday, continuing the small gains from the previous session as demand for safe-haven assets remained supported by concerns over potential increases in U.S. trade tariffs. Spot gold rose 0.3% to $2,400.16 an ounce, while February gold futures climbed 0.7% to $2,665.41 an ounce by 23:38 ET (04:38 GMT).
• Gold Prices Edge Higher as Biden Withdraws from Presidential Race
  Gold prices saw a modest increase in Asian trade on Monday, driven by safe haven demand following U.S. President Joe Biden’s decision to withdraw from the presidential race and endorse Vice President Kamala Harris as his replacement.
• Gold prices fall, copper hits three-month high thanks to Chinese stimulus
  Gold prices slightly declined on Tuesday, with futures remaining slightly higher than spot rates, while copper prices were supported by increasing expectations of additional stimulus measures in China.
• Gold prices fall, dollar recovers ahead of a week full of data
  As markets closed some of their gains following a strong Q1, gold prices declined on Monday. As of now, attention is b...
• Gold prices fell below $2,400 as expectations for interest rate cuts diminished
  Gold prices dipped in Asian trading on Wednesday as comments from key Federal Reserve officials tilted towards a more hawkish stance, lifting the dollar and Treasury yields, thereby exerting downward pressure on the precious metal.
• Gold prices fluctuate as yield surge eases, spotlight on US data deluge
  Gold prices traded in a mixed range on Tuesday, holding on to recent gains as traders watched further developments in the Israel-Hamas war, while attention also focused on a slew of key US economic data due for release this week.
• Gold Prices Hold Steady Ahead of Inflation Data
  Gold prices in Asian trade on Tuesday saw a modest increase, rebounding from a challenging start to the year, as market sentiment shifted on expectations of potential Federal Reserve rate cuts, ahead of pivotal U.S. inflation data later this week.
• Gold Prices Hold Steady Around $2,300 Amid Fed Meeting and CPI Release
  Gold prices remained relatively unchanged in Asian trading on Wednesday, as investors awaited crucial cues from the Federal Reserve meeting and the release of consumer price index (CPI) data.
• Gold Prices Hover Around $2,400; Copper Hit by China Concerns
  Gold prices remained steady in Asian trading on Tuesday, staying near 11-day lows as traders await clarity on U.S. political developments and the Federal Reserve’s upcoming policy meeting. Meanwhile, copper prices continued to decline due to ongoing economic uncertainties in China.
• Gold prices hovered near $2,400 as attention turned to CPI data influencing potential rate cuts
  In Asian trading on Thursday, gold prices stabilized following significant gains overnight, driven by weaker inflation figures that dragged the dollar to one-month lows, heightening expectations of forthcoming interest rate reductions.
• Gold prices hover near record highs as markets await further interest rate cues
  Gold prices remained relatively unchanged in Asian trade on Tuesday, staying close to record highs amid uncertainty surrounding the global economy and speculation about early interest rate cuts, fueling a significant surge in bullion.
• Gold prices inch lower amid hawkish Fed fears
  Gold prices experienced a slight decline on Wednesday as traders refrained from making significant investments ahead of the Federal Reserve’s imminent interest rate decision. Heightened worries about a potentially hawkish outcome were fueled by the recent uptick in inflation.