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 NYSE Glitch Shows Berkshire Hathaway Down 99%, Trading Halted READ MORE Credit Markets Show Unwavering Strength Amid Rising US Inflation Concerns READ MORE Currency Made of Actual Gold Hoping to Reach Nevadan’s Wallets READ MORE Rising Tide of Corporate Debt Defaults: An 80% Surge in 2023 Signals Troubling Trends Ahead READ MORE Oil Prices Waver Amid Economic Uncertainty and Interest Rate Speculation READ MORE Add a Comment Cancel replyYour email address will not be published.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