💨 Abstract

Gold prices fell on Wednesday as the dollar strengthened and investors awaited U.S. inflation data to guide the Federal Reserve's interest rate decisions amid trade tensions and economic slowdown fears. Gold investors are focused on U.S. Consumer Price Index data for clues about the Fed's rate stance this year. If rising price pressures persist, non-yielding gold may become less attractive.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖