Gold prices fell on Tuesday as the dollar rebounded, regaining some lost ground ahead of the release of U.S. inflation and other macroeconomic indicators this week.
The Federal Reserve is scheduled to announce its interest rate decision on September 20.
The highly anticipated U.S. consumer price inflation report is due on Wednesday, with a surprise upside in inflation likely to spoil the market mood and boost the appeal for the U.S. dollar.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.