Gold and PPI Report
If the PPI-Final Demand report supports a hawkish stance, the Federal Reserve might consider increasing interest rates. Higher interest rates make gold less attractive because gold is a non-yielding asset. In this scenario, gold prices could decline.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.