Gold Prices Tick Higher in Anticipation of Influential U.S. Inflation Data Gold prices rose modestly on Tuesday, climbing 0.4% as investors awaited a key U.S. inflation report due later in the week. This report is anticipated to have significant implications for U.S. interest rate decisions, influencing the financial landscape and potentially easing the Federal Reserve’s current rate cycle starting in September. Lower interest rates typically make gold, which does not yield interest, more attractive to investors. The outlook is partly based on consumer expectations, with predicted inflation rates expected to moderate over the next few years. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts ZeroHedge: One Bank [Finally] Says Quiet Part Out Loud On Gold Manipulation READ MORE Fed’s Favorite Inflation Gauge Up 2.9% from a Year Ago READ MORE Fed's Latest Decision: Status Quo on Rates, but Change is in the Air READ MORE Yen's Volatility Complicates BOJ's Rate Hike Plans, Minutes Show READ MORE Silver Poised for Major Breakout: Key Levels to Watch READ MORE Add a Comment Cancel replyYour email address will not be published.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