Gold Fades Below $5,000 as CPI Bounce Stalls Before FOMC

XAU/USD $5,002 −0.72% XAG/USD $76.92 −0.56% AU:AG Ratio 65.0 — DXY 96.82 −0.02% The Big Three 1 Gold fades below $5,000 as CPI rally stalls — Friday’s session surrenders the soft-inflation bounce. After Thursday’s 2.4% CPI print (vs. 2.5% expected) pushed gold briefly above $5,038, Friday’s session gave back the entire move. The daily candle […]

Gold Fades Below $5,000 as CPI Bounce Stalls Before FOMC
XAU/USD $5,002 −0.72% XAG/USD $76.92 −0.56% AU:AG Ratio 65.0 — DXY 96.82 −0.02% The Big Three 1 Gold fades below $5,000 as CPI rally stalls — Friday’s session surrenders the soft-inflation bounce. After Thursday’s 2.4% CPI print (vs. 2.5% expected) pushed gold briefly above $5,038, Friday’s session gave back the entire move. The daily candle […]