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 Wall Street's Recession Reversal Echoes 2007's Optimism, Warns Expert READ MORE Gold: A Surge Toward $2,400 Looks Imminent READ MORE Japan Signals Possible Intervention as Yen Hits 38-Year Low READ MORE Ancient 2,300-Year-Old Gold Ring Unearthed in Jerusalem READ MORE Gold Rallies on Mixed US Employment Report, Fed Rate Cut Hopes Grow READ MORE Add a Comment Cancel replyYour email address will not be published.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