Gold Settles Lower Ahead of US Inflation Data — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Gold settled lower as markets awaited this week's US inflation data, per the WSJ headline.
- XAU/USD bounced up to $4,400 with the bearish trend still intact, per FXStreet's forecast.
- Gold is firming on a softer dollar with US inflation data in focus, per TradingView's coverage.
Why it matters: With US inflation data due this week, gold's $4,400 bounce is being tested against an intact bearish trend — a hotter CPI print would likely lift the dollar and pressure gold, while a cooler reading could validate the bounce.
Ask SkimNews
