Saturday , 22 February 2025
Home Forex Gold stumbles amid surge in US Treasury yields, rises over 2% monthly
Forex

Gold stumbles amid surge in US Treasury yields, rises over 2% monthly

Gold prices tumbled over 0.90% on Friday, below the $2,500 figure for the second day in the week after a report from the US Department of Commerce revealed that inflation continues to edge lower, according to July’s core Personal Consumption Expenditures Price Index (PCE).

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

German election preview: History will be made on Sunday, what to watch for

On Sunday, German voters go to the polls in a high-contested election....

FX Weekly Recap: February 17 – 21, 2025

The majors were all about trade tensions and central banks’ moves this...

Global Market Weekly Recap: February 17 – 21, 2025

Geopolitical developments continued to be a driving force in the markets, initially...

Gold rally takes a breather, still heading for eight straight weekly advance

Gold price slides late on Friday, poised to end the week positively,...