Gold Prices Climb Near $2,350 Amid Holiday-Thinned Trading Gold prices rose nearly 1% to $2,354 on Monday after bouncing off a two-week low of $2,325, amid thin trading due to holidays in the UK and US. Strong US economic data and Federal Reserve signals of a longer timeline to achieve a 2% inflation target have dampened hopes for monetary easing, putting pressure on gold last week. The upcoming US PCE Price Index is expected to show core inflation rising 2.8% year-over-year and 0.3% month-over-month. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts New Highs For Gold & Bitcoin: Monthly Wrap with Alan Hibbard READ MORE Fed's Latest Stress Test Scenarios: Banks Brace for Hypothetical Global Recession READ MORE Zimbabwe Will Attempt to Create Gold-Backed Currency READ MORE ConocoPhillips and Marathon Oil Merge in $22.5 Billion Deal, Extending Industry Consolidation READ MORE Gold's Bullish Momentum: Setting the Stage for 2024 Amid Economic Uncertainties READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment