Spot gold at $4,062/oz after U.S. May PPI rises 1.1%, core PPI up 0.4%
The gold market is approaching its earlier lows after the latest data shows U.S. producers saw mixed price pressures last month.The headline Producer Price Index (PPI) rose 1.1% in May, following April's downwardly revised 1.1% rise, the U.S. Labor Department announced on Thursday. The latest inflation data was higher than expectations, as economists looked for a 0.7% increase.
Gold and silver slip after hot PPI boosts yields - Kitco AM Report
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March Headline PPI Highest in Three Years
March Headline PPI Highest in Three Years.
PPI Wholesale Inflation Highest in 3 Years
+4.0% on headline PPI year over year is a big jump of +60 bps month over month on final demand.
Gold price catches a bid as U.S. PPI rises 0.5% in March
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
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gold prices loses $5,000 level and face more selling pressure as US PPI jumps 0.7% in February
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Modest price pressure on gold, silver ahead of PPI, FOMC conclusion
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Gold price slightly up, silver higher ahead of U.S. PPI
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
The Week Ahead: Markets Eye Tariff Ruling, Nvidia Earnings, and Key PPI Report
Markets enter the week focused on Nvidia earnings, PPI inflation, and fallout from the tariff decision. Key levels and catalysts ahead.
