In my view, the current UK consumer price index (CPI) should not be a good indication of gold demand and, by extension, the gold spot price, which will be the focus of this study.

Could the price of gold reach $3,500 this month? A few drivers can sway the precious metal's direction, experts say.

Gold prices dipped despite tariff threats and Fed tensions. Policy uncertainty may keep XAU/USD supported as traders await ...

Gold returns and CPI changes have a historically weak linear relation Since 1971, only 16% of the variation in gold prices can be explained by changes in CPI inflation.[4] ...

Gold prices firmed on Tuesday as concerns over the global trade war fuelled demand for safe-haven assets, while investors ...

Gold price rallies to 5-week high as dollar and yields slide. Traders eye $3,451.53 resistance ahead of Powell’s speech. Gold ...

Gold price uptrend appears to resume as the precious metal clears the latest resistance trendline drawn from May and June ...

Comex Gold Settles 0.56% Higher at $2620.60. Front Month Comex Gold for October delivery gained $14.60 per troy ounce, or 0.56% to $2620.60 today ...

Gold edged higher in the early Asian session on possible position adjustments ...

Their strategy to diversify reserves and lessen reliance on the U.S. Dollar has further increased demand for gold. Impact of CPI and PPI Reports. The upcoming Consumer Price Index (CPI) ...

0746 GMT – Gold prices tick higher ahead of U.S. inflation data later this week which will be key for the metal’s direction. The precious metal gains 0.2% to $2,029.20 a troy ounce. Gold has ...

US M2 growth, US CPI and gold price* *As of 31 December 2024. US CPI and US M2 were constructed using data from January 1972 and re-based to 100 on January 1972. Gold based on the LBMA Gold Price ...