Gold prices rise ahead of CPI, analysts say safe-haven demand supports gold prices
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最新报道：According to the news from the currency network, on July 15 (UTC+8), gold rose ahead of key US inflation data to be released later on Tuesday. "Today's CPI data is very important given the recent tariff fluctuations and new calls to replace Federal Reserve Chairman Powell," said analysts at Peak Trading Research. The data is expected to provide further clues to the trend of US interest rates, and the market expects the United States to cut interest rates before the end of the year. Safe-haven demand caused by escalating tariff tensions also supported gold prices, and traders are closely watching the progress of trade negotiations before the August 1 deadline. "Investors have a 'see is believe' attitude towards Trump's new tariff announcement," analysts said.
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