Friday , 21 February 2025
Home Forex Gold crashes as USD surges, focus on US inflation data
Forex

Gold crashes as USD surges, focus on US inflation data

Gold prices dropped below $2,600 for the first time since mid-September on Tuesday as the Greenback extended its gains and hit a six-month high, according to the US Dollar Index (DXY).

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Japan’s Core Inflation Hits 19-Month High, Strengthening Expectations for BOJ Rate Hikes

Japan’s core consumer inflation accelerated in January, reaching 3.2% year-on-year—its fastest pace...

More from BOJ’s Ueda – Ready to respond to abnormal market moves

Bank of Japan Governor Ueda:Our basic stance is that market forces determine...

Bank of Japan Governor Ueda sees the bright side of higher interest rates

Bank of Japan Governor Ueda:BOJ's massive monetary easing, including YCC, was a...

RBNZ Chief Economist Conway – OCR forecasts indicate another 75bp easing

Reserve Bank of New Zealand Chief Economist Paul Conway speaks in interviewNZD...