Gold prices test two-month highs as CPI trims yields, Fed hike odds - Kitco PM Report - KITCO

Gold prices test two-month highs as CPI trims yields, Fed hike odds - Kitco PM Report - KITCO

Source: KITCO

DW NOTE

Gold 5% above its August low isn't a breakout — it's a 16% retreat from January's $5,318 high that hasn't found a floor. The CPI print trimmed yields by basis points while oil climbed 10% in a week on a closed Hormuz. That's not a haven bid, that's confusion about which crisis matters more.

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