{"id":24255,"date":"2025-06-11T09:15:15","date_gmt":"2025-06-11T09:15:15","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=24255"},"modified":"2025-06-11T09:15:15","modified_gmt":"2025-06-11T09:15:15","slug":"gold-rises-ahead-of-u-s-cpi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/gold-rises-ahead-of-u-s-cpi\/","title":{"rendered":"Gold Rises Ahead of U.S. CPI"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/gold4-1024x559.png\" alt=\"\" class=\"wp-image-16977\"\/><\/figure>\n\n\n\n<p><strong>Key Points<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Spot gold rises 0.7% to $3,344.93; U.S. gold futures up to $3,366.40<\/li>\n\n\n\n<li>Traders await U.S. CPI figures amid tariff-driven inflation concerns<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<p>Gold prices edged higher on Wednesday, reflecting growing investor caution as optimism around the China-U.S. trade framework gave way to renewed uncertainty. Spot gold rose 0.7% to $3,344.93 an ounce by 0808 GMT, while U.S. gold futures advanced by the same margin to $3,366.40. The metal found support as traders braced for U.S. inflation data that may shape expectations around Federal Reserve policy in the months ahead.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Gold edged higher even after the US and China said they had agreed on a plan to ease trade tensions during talks in London <a href=\"https:\/\/t.co\/mvf2TlEymP\">https:\/\/t.co\/mvf2TlEymP<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1932596278229135398?ref_src=twsrc%5Etfw\">June 11, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Tuesday\u2019s joint statement from Washington and Beijing outlined a framework to resume the Geneva trade agreement and <a href=\"https:\/\/t.co\/0dMZWqybhd\" target=\"_blank\" rel=\"noopener\" title=\"\">lift China&#8217;s rare earth export curbs<\/a>. While the headlines initially encouraged risk sentiment, the absence of concrete timelines or enforcement mechanisms tempered any lasting optimism. Previous rounds of <a href=\"https:\/\/t.co\/R42wYkwcBa\" target=\"_blank\" rel=\"noopener\" title=\"\">tit-for-tat tariffs<\/a>, imposed as recently as April, have made traders wary of relying on diplomatic breakthroughs.<\/p>\n\n\n\n<p>All eyes now turn to the <a href=\"https:\/\/www.bls.gov\/schedule\/news_release\/cpi.htm\">upcoming U.S. <\/a><a href=\"https:\/\/www.bls.gov\/schedule\/news_release\/cpi.htm\" target=\"_blank\" rel=\"noopener\" title=\"\">C<\/a><a href=\"https:\/\/www.bls.gov\/schedule\/news_release\/cpi.htm\">PI print<\/a>, expected at 1230 GMT. Markets anticipate an increase, which would likely limit expectations for near-term rate cuts from the Federal Reserve. Traders are pricing in an extended pause in monetary policy adjustments, especially as President Trump\u2019s tariff-driven inflation risk continues to weigh on the outlook.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<p>Gold (XAUUSD) continues to push higher, closing at 3345.79 after rebounding strongly from the 3302 support area. The uptrend is supported by higher lows and firm moving average alignment, with price now testing the key resistance at 3349.18\u2014a level that previously capped bullish momentum.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/image-12-1024x446.jpg\" alt=\"\" class=\"wp-image-24256\"\/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: Gold holds gains as momentum builds near 3349, as seen on the <a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\" target=\"_blank\" rel=\"noopener\" title=\"\">VT Markets app<\/a><\/em><\/p>\n\n\n\n<p>The MACD indicator is showing mild bullish momentum, with a recent crossover above the signal line and histogram bars moving into positive territory. The short-term moving averages (5 and 10) are also rising above the 30-period MA, reinforcing upward pressure.<\/p>\n\n\n\n<p>However, price has stalled just beneath the resistance zone and may require stronger volume or a catalyst to break above 3349.18. If the breakout fails, a minor pullback to the 3330\u20133325 region could follow. On a successful breach, bulls may eye 3360 as the next upside level.<\/p>\n\n\n\n<p>Should the CPI data show stronger-than-expected inflation, gold may retrace slightly as rate cut expectations are pushed further out. However, with trade and political risks unresolved, safe-haven flows could remain in play.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a><\/strong><strong> and <\/strong><strong><a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*1azgbap*_gcl_au*NjE5NTE3MjY4LjE3NDQ2MDA3NDI.*_ga*MTY4OTgwNTU5Mi4xNzM2NzQ2MTgy*_ga_J26NL1ZVX7*czE3NDQ5NDQ0NTYkbzEyMCRnMCR0MTc0NDk0NDQ1NiRqNjAkbDAkaDA.\">start trading<\/a><\/strong><strong> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices climbed as markets remained cautious ahead of key U.S. inflation data and amid doubts over the longevity of the China-U.S. trade truce. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":64,"featured_media":16977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[6],"class_list":["post-24255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-gold"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/24255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=24255"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/24255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media\/16977"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=24255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=24255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=24255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}