{"id":6414,"date":"2023-05-09T18:05:59","date_gmt":"2023-05-09T22:05:59","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/gold-futures-finish-higher-ahead-of-u-s-inflation-data\/"},"modified":"2023-05-09T18:06:00","modified_gmt":"2023-05-09T22:06:00","slug":"gold-futures-finish-higher-ahead-of-u-s-inflation-data","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=6414","title":{"rendered":"Gold futures finish higher ahead of U.S. inflation data"},"content":{"rendered":"
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Gold futures finished with a gain on Tuesday as investors awaited U.S. inflation data due out this week to help gauge the outlook for the U.S. economy and path for interest rates. Gold could sink further if U.S. inflation remains \u201csticky,\u201d which could drag gold back below the $2,015 level, said Lukman Otunuga, manager, market analysis at FXTM. \u201cAlternatively, signs of cooling inflation could inject gold bulls with renewed confidence, propelling prices back toward this year\u2019s high, he said. The April reading for the U.S. consumer price index is due out Wednesday, while April producer price index data will be released Thursday….\n <\/p>\n<\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Gold futures finished with a gain on Tuesday as investors awaited U.S. inflation data due out this week to help gauge the outlook for the U.S. economy and path for interest rates. Gold could sink further if U.S. inflation remains \u201csticky,\u201d which could drag gold back below the $2,015 level, said Lukman Otunuga, manager, market […]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-6414","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nGold futures finish higher ahead of U.S. inflation data | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Gold futures finished with a gain on Tuesday as investors awaited U.S. inflation data due out this week to help gauge the outlook for the U.S. economy and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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