← All stories
Markets 1 sources

Gold was supposed to love softer inflation, so why is it falling now?

Covered by 1 source · 1 article

Gold fell on Friday and headed for a weekly loss as investors took profits after softer US inflation had already driven bullion to its highest level in more than two months. Spot gold slipped 0.5% to $4,326.75 an ounce by 3.36 am GMT, while…

Covered by

All coverage

Gold was supposed to love softer inflation, so why is it falling now?
Invezz 3h ago

Gold was supposed to love softer inflation, so why is it falling now?

Gold fell on Friday and headed for a weekly loss as investors took profits after softer US inflation had already driven bullion to its highest level in more than two months. Spot gold slipped 0.5% to $4,326.75 an ounce by 3.36 am GMT, while…