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1 day agoGold rebounds 0.6% after Tuesday’s 5% slide as traders await U.S. inflation data
Gold prices rose about **0.6%** to USD 4,146.47/oz on Wednesday, rebounding after a sharp 5% drop in the previous session. The bounce is driven by a weaker dollar and bargain-hunting amid expectations around upcoming U.S. inflation data, which will heavily influence the Federal Reserve’s next move. The rebound comes as platinum and other precious metals also gained modestly, while traders remain cautious ahead of key macro-data releases.
neutral
1 day agoGold rebounds 0.6% after Tuesday’s 5% slide as traders await U.S. inflation data
Gold prices rose about **0.6%** to USD 4,146.47/oz on Wednesday, rebounding after a sharp 5% drop in the previous session. The bounce is driven by a weaker dollar and bargain-hunting amid expectations around upcoming U.S. inflation data, which will heavily influence the Federal Reserve’s next move. The rebound comes as platinum and other precious metals also gained modestly, while traders remain cautious ahead of key macro-data releases.
neutral
Gold rebounds 0.6% after Tuesday’s 5% slide as traders await U.S. inflation data
2 days ago
1 min read
67 words
Gold edges up 0.6% after a steep fall, with eyes on U.S. inflation ahead of Fed guidance.
Gold prices rose about **0.6%** to USD 4,146.47/oz on Wednesday, rebounding after a sharp 5% drop in the previous session. The bounce is driven by a weaker dollar and bargain-hunting amid expectations around upcoming U.S. inflation data, which will heavily influence the Federal Reserve’s next move. The rebound comes as platinum and other precious metals also gained modestly, while traders remain cautious ahead of key macro-data releases.
Gold prices rose about **0.6%** to USD 4,146.47/oz on Wednesday, rebounding after a sharp 5% drop in the previous session. The bounce is driven by a weaker dollar and bargain-hunting amid expectations around upcoming U.S. inflation data, which will heavily influence the Federal Reserve’s next move. The rebound comes as platinum and other precious metals also gained modestly, while traders remain cautious ahead of key macro-data releases.
Tags:
commodities
gold
commodities
gold
macro
US inflation
Fed
Source:
Oct 22, 2025 • 08:28 IST