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Gold Heads For Weekly Loss as US Inflation Concerns Sap Demand

(Bloomberg) -- Gold was on track for a weekly loss as persistent inflationary forces looked increasingly likely to push back the timing for US rate cuts.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapAlphabet Beats Revenue Estimates as AI Fuels Cloud GrowthThe

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The dream of Fed rate cuts is slipping away

Investors are backing away from expectations that the central bank can reduce rates in coming months, hitting markets.

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Gold Heads For Weekly Loss as US Inflation Concerns Sap Demand

Gold Heads For Weekly Loss as US Inflation Concerns Sap Demand
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Markets bounce as MidEast fears ease, US inflation in view

Markets bounce as MidEast fears ease, US inflation in view
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Americans are falling behind on their payments

America’s relentless spending has kept the economy motoring. But it’s starting to worry some observers.

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Gold price rallies as weak US growth and sky-high inflation spook investors

Gold price rallies as weak US growth and sky-high inflation spook investors
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Americans are falling behind on their payments

Americans are falling behind on their payments
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Americans are falling behind on their payments

Americans are falling behind on their payments
cnn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnn.com Daily Mail and Mail on Sunday newspapers.

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Americans are falling behind on their payments

Americans are falling behind on their payments
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US economy grew by just 1.6% in the first quarter, a much slower pace than expected

US economy grew by just 1.6% in the first quarter, a much slower pace than expected
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