Gold climbed over 1% amid a subdued US dollar and an ongoing oil rally ahead of the release of US inflation data.
The move reflects positioning shifts in precious metals and currency markets ahead of critical US macro data releases.

Gold prices rose over 1% as the US dollar weakened and oil prices continued to gain ahead of upcoming US inflation data.

Gold climbed over 1% amid a subdued US dollar and an ongoing oil rally ahead of the release of US inflation data.
The move reflects positioning shifts in precious metals and currency markets ahead of critical US macro data releases.

David reports on energy, metals and agricultural markets, tracking how supply signals and safe-haven demand move prices across the commodities complex.
More from David Chen →

