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Gold prices rebound amid US inflation data release

Investing.com +1 ·

  1. 1Spot gold prices rose 1.2% to $4,152.51 per ounce as of 04:41 (ET).
  2. 2Gold futures rose 1.6% to $4,173.75 per ounce.
  3. 3The US dollar index fell 0.5% to 102.01.

So what's the key point?

Gold prices rose again as US inflation indicators were released. Gold prices increased by 1.2% as the value of the dollar fell.

Source Investing.com +1 · View original ↗

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