Back to news
14 Jul 2026 · 14:13 GMT+3
17

Gold rises 2% as soft US CPI cools Fed rate-hike bets

Gold (XAU/USD) rebounds sharply on Tuesday, erasing losses recorded on the previous day after softer-than-expected US inflation data eased expectations of a near-term Federal Reserve (Fed) interest rate hike.

Trading involves risk. The information above is for reference only and does not constitute investment advice.