Gold Retreats as Dollar Gains Strength; Investors Eye Nvidia and U.S. Inflation Data Gold prices retreated by 1% on Wednesday, influenced by a strengthening dollar and market uncertainty ahead of crucial economic events. Investors are closely watching Nvidia’s earnings report and upcoming U.S. inflation data, which could provide insights into the Federal Reserve’s future interest rate decisions. Despite this dip, gold remains up 21% year-to-date, supported by rate cut expectations, safe-haven demand, and central bank purchases. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed's Rate Strategy for 2024: Stability Over Cuts, Says One Wall St Analyst READ MORE Credit Card Debt: America's $1.13 Trillion Problem READ MORE Mixed Central Bank Buying Patterns Keep Gold Market on Edge READ MORE ZeroHedge: Time to Bet Against Banks READ MORE ZeroHedge: Core Consumer Prices Hit New Record High – Up For 50th Straight Month READ MORE Add a Comment Cancel replyYour email address will not be published.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