EnergyGlobal
Gold edges lower but holds above $4,100 ahead of US data
Gold edged lower but stayed above $4,100 as investors awaited key US inflation data. Lower oil prices have eased some worries about inflation, which affects what money can buy.
Gold edged lower but held above $4,100 as investors waited for the next key US inflation data. The move was small, and gold stayed well above that level.
Lower oil prices have eased some concern about inflation, the steady rise in consumer prices that reduces what money can buy. For savers, that shift changes how much pressure prices may put on household budgets.
Prices can be delayed by 15 minutes or more. Past moves say nothing about future ones.
Gold has extended the gains it made after an election, while oil prices have tumbled. The two moves have come together as investors weigh the outlook for inflation.
$1,000 in Gold
Had you put $ into Gold a month ago, it would be worth now.
From the prices in the chart, before any fees or taxes. Not a suggestion to buy or sell.
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