Gold Stable After CPI

2025-12-18 14:06 By Anna Fedec 1 min. read

Gold hovered near $4,340 on Thursday, staying close to October’s record highs, as fresh data strengthened expectations that the Federal Reserve could deliver further rate cuts.

U.S.

inflation eased to 2.7% in November, below forecasts, while core inflation fell to 2.6%, its lowest since March 2021.

Meanwhile, geopolitical risks remained in focus, adding further upside momentum, as the U.S.

moved to halt sanctioned Venezuelan oil shipments following last week’s tanker seizure and military deployment, while Russian President Vladimir Putin reaffirmed firm territorial demands in Ukraine despite intensified U.S.

diplomatic efforts.



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