Gold returns and CPI changes have a historically weak linear relation Since 1971, only 16% of the variation in gold prices can be explained by changes in CPI inflation.[4] ...

However, until the Fed remains behind the curve, gold may gain due to lower real interest rates. Chart 1: CPI (blue line) and core CPI (red line) year-over-year from February 2012 to February 2017.

The Relative Strength Index (RSI) indicator on the daily chart fluctuates in a narrow band at around 50, and Gold struggles ...

Gold: CPI Lowest In 9 Months, Seasonal Top In Place For 20% Correction Into Fall Of 2023. Apr. 16, 2023 8:34 AM ET 6 Comments 2 Likes. ... which could negatively impact gold prices.

The upcoming Consumer Price Index (CPI) and Producer Price Index (PPI) reports could significantly impact gold prices. Higher-than-expected CPI and PPI readings may suggest persistent inflation, ...

Investors are eagerly awaiting the January CPI inflation report, set to be released by the BLS in under 24 hours on February 14 at 8:30 EST. This report will shed light on the US CPI data for the ...

Gold Market Analysis Amid Upcoming CPI Report. Gold prices are holding steady on Wednesday, ... the market’s focus on these broader factors is reducing the impact of the Fed’s rate hike timings.

Gold approaches at critical level ahead of CPI release The gold market rebounded from the support level of $2285 and has reached the significant resistance area of $2375, as discussed in previous ...

The gold (XAU) price declined by 0.22% on Monday in a relatively quiet trading session as traders refrained from placing big orders ahead of today's US Consumer Price Index (CPI) report.