LOGO
LOGO

Commodities

Gold Futures Settle Lower As Dollar Rises After Inflation Data Raises Rate Concerns

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Gold futures settled lower on Thursday as the dollar strengthened and bond yields rebounded, after data showing a slightly bigger than expected increase in U.S. consumer prices raised concerns about interest rates.The dollar index surged to 106.50, gaining more than 0.6%.Gold futures for December ended lower by $4.30 at $1,883.00 an ounce.Silver futures for December ended down $0.174 at $21.959 an...

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Market Analysis

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19