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Gold held above $4,350 an ounce on Monday after advancing for two consecutive sessions, supported by falling oil prices that eased concerns over rising inflation and the prospect of further interest rate hikes. Oil prices fell for a fourth straight session amid signs of increased diplomatic efforts to resolve the Middl
Gold traded around $4,350 an ounce on Friday after climbing nearly 2% in the previous session, supported by falling oil prices that eased inflation concerns and helped push bond yields lower. Oil prices declined for a third consecutive session as Saudi Arabia worked to restore flows through its East-West pipeline, whil
Gold remained below $4,300 an ounce on Tuesday, hovering near five-week lows as elevated oil prices strengthened expectations for a US Federal Reserve interest rate hike this week. Oil prices extended their gains as Saudi Arabia’s East-West pipeline remained shut, while Ukraine disputed President Trump’s claim that it
U.S. annual inflation was unchanged at 3.4% in August, matching expectations, while core inflation eased to 2.4% year over year. The monthly CPI rose 0.4%, with gasoline the biggest driver.