inflation

U.S. economy grew faster than expected in Q2, but inflation pressures eased, maintaining market expectations of a September rate cut

If the PCE data reveals that inflation is slowing and the Fed can cut rates in September, gold prices will likely surge

In a bid to boost demand, India slashed import duties on gold and silver from 15 percent to 6 percent

Price rises in the food & beverages sub-component eased to a still-elevated 5.6 percent down from 6.1 percent in May

The Central Bank wants more evidence that inflation is still on track to reach the 2 percent target by the end of 2024

The bank noted that "the current monetary stance is appropriate to support the sustained moderation of inflation."
