FXStreet

Info60 has published 1 short summaries of reporting by FXStreet. Each summary credits FXStreet and links to the original article; Info60 does not republish their full reports.

Summaries of reporting by FXStreet

Gold loses momentum as the initial reaction to softer US PCE inflation fades
general

Gold loses momentum as the initial reaction to softer US PCE inflation fades

Gold (XAU/USD) reverses its earlier gains on Wednesday after briefly climbing above $4,200 in reaction to softer-than-expected US Personal Consumption Expenditures (PCE) inflation data. The initial move fades as the US Dollar (USD) trims its losses and US Treasury yields resume their advance.

FXStreet•
14h ago