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Gold futures post biggest daily gain in nearly a month after U.S. inflation data

Por: MarketWatch Business November 14, 2023

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The U.S. consumer price index reading has “crushed what was left of any rate-rise betting in both Treasury bonds and the Fed Funds futures market,” Adrian Ash, director of research at BullionVault, told MarketWatch. “That’s crushed the dollar on the [foreign exchange] market and sent gold sharply higher” in terms of the greenback. “The U.S. consumer price index reading has “crushed what was left of any rate-rise betting in both... + full article



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