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.

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.

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 ...

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, ...

Gold (XAU/USD) ended at $2045.625, marking a drop of 0.84%, while February Comex gold futures closed lower by 1.06% at $2049.80. Weekly Gold (XAU/USD) Labor Data and Gold’s Response ...

Whether or not it is a 50 bps cut could strongly impact Gold. Gold (XAU/USD) touches the top of its range and then falls back down to $2,500 after the release of US inflation data on Wednesday.

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.