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Gold Steadies Near $4,000 as Inflation Data Eases Rate-Hike Bets

Gold Steadies Near $4,000 as Inflation Data Eases Rate-Hike Bets
Bloomberg Markets Thursday 25 June 2026, 23:58 UTC By Yihui Xie 1 min read
Key Points

Gold Steadies Near $4,000 as Inflation Data Eases Rate-Hike Bets Gold steadied near $4,000 an ounce as the latest US inflation gauge tempered expectations for an interest-rate hike, capping a tumultuous week that saw bullion slump to the lowest since November. Spot gold was little changed in early trading, having clawed back 0.7% in the previous session. Treasury yields dipped Thursday after the US personal consumption expenditures price index — the Federal Reserve’s favored inflation gauge...

Gold Steadies Near $4,000 as Inflation Data Eases Rate-Hike Bets Gold steadied near $4,000 an ounce as the latest US inflation gauge tempered expectations for an interest-rate hike, capping a tumultuous week that saw bullion slump to the lowest since November. Spot gold was little changed in early trading, having clawed back 0.7% in the previous session. Treasury yields dipped Thursday after the US personal consumption expenditures price index — the Federal Reserve’s favored inflation gauge — rose by a less-than-expected 0.4% in May.
Gold Steadies Near (ORG) US (LOCATION) Treasury (ORG) the Federal Reserve’s (ORG)
Originally published by Bloomberg Markets Read original →

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