{"id":6749,"date":"2023-05-10T10:29:58","date_gmt":"2023-05-10T14:29:58","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/gold-edges-higher-after-u-s-inflation-report\/"},"modified":"2023-05-10T10:29:58","modified_gmt":"2023-05-10T14:29:58","slug":"gold-edges-higher-after-u-s-inflation-report","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=6749","title":{"rendered":"Gold edges higher after U.S. inflation report"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002034684\">\n<div class=\"snippet__body\">\n<p>Gold prices edged higher on Wednesday after U.S. April data showed the U.S. annual consumer inflation rate was at its lowest in two years.<\/p>\n<p>The U.S. dollar weakened following the data, providing support to dollar-denominated gold prices, and the inflation reading also eased expectations for further Federal Reserve interest-rate hikes.<\/p>\n<h2>Price action<\/h2>\n<h2>Market drivers<\/h2>\n<p>U.S&#8230;.\n    <\/p>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/gold-slips-ahead-of-u-s-inflation-report-63a6b2dc?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices edged higher on Wednesday after U.S. April data showed the U.S. annual consumer inflation rate was at its lowest in two years. The U.S. dollar weakened following the data, providing support to dollar-denominated gold prices, and the inflation reading also eased expectations for further Federal Reserve interest-rate hikes. Price action Market drivers U.S&#8230;. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-6749","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gold edges higher after U.S. inflation report | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Gold prices edged higher on Wednesday after U.S. April data showed the U.S. annual consumer inflation rate was at its lowest in two years. 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