Why Did Gold Rise After US CPI Data? Inflation Cools But Fed Outlook Remains Uncertain
Key Takeaways: US inflation cooled more than expected, with headline CPI falling to 3.5% YoY and core CPI easing to 2.6%, reducing immediate pressure on the Federal Reserve to tighten policy further. Markets reacted positively to the softer CPI print, with gold gaining and the US dollar weakening as traders lowered expectations for further rate hikes. Energy prices remain the biggest inflation risk, as renewed Middle East tensions and rising oil prices could reverse some …
8 mins
Jul 15, 2026
21 hours ago