Gold Continues to Climb Ahead of U.S. Inflation Data Release

Gold Continues to Climb Ahead of U.S. Inflation Data Release

Gold Continues to Climb Ahead of U.S. Inflation Data Release: Gold prices are rising during today’s Thursday trading amid anticipation
of the release of June U.S. inflation data. The data will help investors determine the Federal Reserve’s future path
.

 

Content

International Energy Agency
UK GDP 

Gold continues to rise

 

 

 

 

The International Energy Agency announces a slowdown in oil demand in the second quarter.

The International Energy Agency announced a slowdown in global oil demand growth to 710,000 barrels per day
on a year-on-year basis in the second quarter of 2024, marking the slowest increase since the fourth quarter of 2022 amid a contraction in Chinese consumption.

 

UK GDP rises to 0.4% in May

The UK’s GDP increased by 0.4% in May after stabilizing in April.
The UK’s GDP grew by 0.9% in the three months ending in May.

 

Gold continues to rise amid anticipation of the U.S. inflation data announcement

Gold prices are rising during today’s Thursday trading amid anticipation of the release of June U.S. inflation data.
The data will help investors determine the Federal Reserve’s future path.

 

Gold Continues to Climb Ahead of U.S. Inflation Data Release