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 Gold, Silver & Bitcoin: Monthly Wrap with Alan Hibbard READ MORE Gold Continues to Defy Expectations Despite Market Downturns READ MORE Gold Shines in Short-Term as Copper Holds Mid-Term Appeal, Deutsche Bank Survey Finds READ MORE China's GDP Growth Slumps to 5-Quarter Low, Raising Concerns for Xi's Economic Strategy READ MORE Chinese Retail Investors Drive Gold Boom on Shanghai Futures Exchange READ MORE Add a Comment Cancel replyYour email address will not be published.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