October 7, 2022

AndronETalksNews

AndronETalksNews

Gold price falls to new daily lows as key inflation indicator misses expectations

Kitco

By Anna Golubova Friday July 30, 2021 08:40

(Kitco News) Gold fell to new daily lows after the U.S. annual core PCE price index came in at 3.5% in June versus the consensus forecast of 3.7%.

On a monthly basis, the core PCE price index was up 0.4% in June versus the expected 0.6%, according to the data published by the U.S. Department of Commerce on Friday.

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