Gold trims intraday gains to $5,000 amid modest USD strength ahead of US CPI
Gold (XAU/USD) remains supported despite pulling back from recent highs, as traders stay cautious ahead of the upcoming US Consumer Price Index (CPI) release. Although strong US Nonfarm Payrolls data earlier this week reduced expectations for a near-term Federal Reserve rate cut, the US Dollar has struggled to gain further traction. Softer jobless claims and signs of … 阅读更多