inflation
Agricultural and fishery product costs surged, leading to the acceleration in wholesale price inflation
Market focus is now on the U.S. producer price index data, due at 12:30 GMT, following the softer-than-expected consumer data
The U.S. and China ended their trade talks on a positive note, with U.S. officials signaling a "deal" to reduce the U.S. trade deficit
Analysts expect high-level talks over the weekend between the U.S. and China to drive flows away from gold, further limiting price gains
The Fed held interest rates steady on Wednesday, but said risks of higher inflation and unemployment rose
The Fed held the benchmark overnight rate steady in the 4.25-4.50 percent range
The Fed has held its policy rate in the 4.25-4.50 percent range since December
The easing of trade tensions between the U.S. and China amid hopes for a deal is weighing on gold prices
Cautious approach reflects concerns over U.S. tariffs impacting Japan's recovery prospects
Foreign direct investment inflows surged by 16.2 percent in Q3 2024 compared to 2023
Bullion has surged over $700 this year, setting multiple record highs and reaching $3,500.05 on Tuesday
