Gold price (XAU/USD) records fresh all-time highs just above $2,350 as the US Dollar remains sideways. US yields rally as traders pare Fed rate cut expectations. US inflation could guide market expectations for Fed rate cuts ahead.
Gold price hovers near fresh highs around $2,350 as the US Dollar remains sideways. US yields rally as traders pare Fed rate cut expectations. US inflation could guide market expectations for Fed rate cuts ahead. Gold price records fresh all-time highs just above $2,350 on Monday.
” Going forward, investors will focus on the US Consumer Price Index data for March, which will be published on Wednesday. The inflation data will provide more cues about when the Fed could start reducing its interest rates. Strong price pressures could keep hopes of rate cuts for June off the table while soft figures could prompt speculation for the contrary.
Gold Price US Dollar US Yields Fed Rate Cuts Inflation Market Expectations
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