Gold Futures Fall as Yields and Dollar Rise After U.S. CPI
Gold futures gave back the previous session’s gains after October U.S. CPI exceeded estimates, lifting yields and the dollar and reinforcing expectations for a December Fed rate increase.
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08:59:16 PM UTC
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Treasury Yields Rise on Hot Inflation — Market Talk
1530 ET - Gold futures give back yesterday's gains as an above-estimate U.S. consumer price inflation reading for October fueled a rise in yields and the dollar, and cemented expectations for a December interest-rate increase by the Fed. "When the market decides tighter policy is coming, gold is th…