inflation

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."

For the Middle East and Central Asia, oil production and regional conflicts continue to weigh on prospects
