• +1 (312) 549-9986

Gold $2,388.83 $16.04 0.68% Silver $28.43 $0.16 0.57% Platinum $948.46 $6.03 0.64% Palladium $1,038.58 $12.35 1.2%

Gold weighed by hotter than expected PPI

Gold weighed by hotter than expected PPI

U.S. PPI +0.6% in Feb, above expectations of +0.3%, vs +0.3% in Jan; 1.6% y/y, vs upward revised 1.0% in Jan.
 
Core +0.3%, above expectations of +0.2%, vs +0.5% in Jan; 2.0% y/y, steady vs Jan.
 
Gold is weaker as June rate hike prospects are further tempered.
Leave your comment