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Gold Trades Higher Midafternoon as the Dollar Drops on a Report Showing U.S. Inflation Slowed in May
(Updates Prices.) Gold edged higher midafternoon as the dollar dropped after a report showed U.S. inflation slowed last month, though gave up early gains as treasury yields rose. Gold for August deliv
Huge Post Debate Uncertainty For Investors, New Data On Fed's Favorite Inflation Gauge And Personal Spending
To gain an edge, this is what you need to know today. PCE Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX).
Fed's Preferred Measure of Underlying Inflation Slows
The core personal consumption expenditures price index increased 0.1% from the prior month. That marked the smallest advance in six months. On an unrounded basis, it was up just 0.08%, the least since November 2020. Mike McKee reports.
Gold Rises as Dollar, Yields Drop on Report Showing U.S. Inflation Slowed in May
Gold prices rose for a second day on Friday as the dollar and yields eased after a report showed U.S. inflation slowed last month. Gold for August delivery was last seen up US$11.70 to US$2,348.30 per
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday Ahead of Key Inflation Report
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.3% and the actively traded Invesco QQQ Trust (QQQ) was 0.4% higher in Friday's premarket activity, ahead of a key inflation
Commodity Roundup: Cocoa Futures Face 22% Monthly Drop as West Africa Supply Fears Ease