Gold prices remain under pressure amid strong US economic data; focus now on CPI data this week - Jobs World

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Saturday, September 9, 2023

Gold prices remain under pressure amid strong US economic data; focus now on CPI data this week

Gold prices remain under pressure amid strong US economic data; focus now on CPI data this week https://ift.tt/FzS2kGy Federal Reserve expressed concerns that this robust economic activity could lead to continued inflationary pressures, potentially necessitating further tightening. Moreover, the extension of the OPEC+ output cut led to a rise in oil prices, contributing to inflationary risks

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