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 From 68 Cents to $18: The Inflation Shockwave at McDonald's READ MORE Retail Sales Edge Up 0.1% in May, Falling Short of Forecasts READ MORE Vance Supports Trump's Call for Presidential Influence Over Fed READ MORE How China's Youth Are Reviving the Precious Metal Market READ MORE WTI Nears $83 as Traders Respond to U.S. Economic Slowdown READ MORE Add a Comment Cancel replyYour email address will not be published.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