From Investing.com: 2025-05-14 04:20:00

Gold prices rose on Tuesday as US consumer inflation data came in lower than expected, increasing by over 0.45%. Trade tensions between the US and China have eased, causing a 0.4% decline in gold to $3,234. Central banks, especially in emerging markets, are increasing gold purchases as a protective asset. Key levels to watch are resistance at $3,262 and support at $3,192. The Japanese yen weakened by 0.66% against the US dollar, with Japan’s wholesale inflation at 4% year-on-year in April. Analysts predict the Bank of Japan may implement another rate hike in September or October.



Read more at Investing.com: Gold Edges Higher on Softer US Inflation, But Trade Truce Caps Gains