Gold Holds Above $4,000

Gold prices steady after US inflation data Gold futures trimmed early losses Wednesday after the latest US inflation data came in milder than expected. The headline Producer Price Index fell 0.3% in June, following May's downwardly revised 0.6% increase. This easi

Gold prices steady after US inflation data

Gold futures trimmed early losses Wednesday after the latest US inflation data came in milder than expected.

The headline Producer Price Index fell 0.3% in June, following May’s downwardly revised 0.6% increase.

This easing of inflation concerns may impact the Federal Reserve’s interest rate policy outlook.

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