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Gold price jumps as US inflation knocks the US Dollar off its pedestal
Gold price surges by some 1.50% on Tuesday as US consumer inflation data came in below estimates, easing pressure on the Federal Reserve (Fed) to further tighten ahead of 2026. The XAU/USD trades at $4,050 after bouncing off daily lows of $3,983.
Fxstreet
Tue, Jul 14
Silver Price Forecast: Soft US inflation lifts XAG/USD, but downside bias remains
Silver (XAG/USD) trades on the front foot on Tuesday as softer-than-expected US inflation data tempers expectations of a near-term Federal Reserve (Fed) interest rate hike and pushes the US Dollar (USD) lower. At the time of writing, XAG/USD trades around $58.50, up nearly 2% on the day.
Fxstreet
Tue, Jul 14
US President Trump: Strait of Hormuz open to all shipping except Iran
United States (US) President Donald Trump reiterated in a Truth Social post on Tuesday, “The Strait of Hormuz is open to ALL ship traffic except for Iran.” He added that the US would impose a “FULL Blockade” only on vessels travelling to or from Iranian ports or carrying Iranian cargo.
Fxstreet
Tue, Jul 14
Gold clings to $4,000 as traders brace for US CPI
Gold (XAU/USD) trades in a narrow range on Tuesday, with bulls defending the $4,000 psychological mark as traders await the US June Consumer Price Index (CPI) data, due at 12:30 GMT, and closely monitor the fragile situation in the Middle East.Fxstreet
Tue, Jul 14
Gold Price Forecast: XAU/USD rebounds above $4,000 with US CPI in focus
Gold price (XAU/USD) is up 0.5% to near $4,020 during the European trading session on Tuesday. The precious metal gains as the US Dollar (USD) corrects ahead of the United States (US) Consumer Price Index (CPI) data for June, which will be published at 12:30 GMT.Fxstreet
Tue, Jul 14
Gold bounces off two-week low as USD bulls turn cautious ahead of US CPI, Fed's Warsh
Gold (XAU/USD) recovers slightly from a nearly two-week low, touched during the Asian session on Tuesday, and climbs back above the $4,000 psychological mark, though the upside potential seems limited.Fxstreet
Tue, Jul 14
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