Gold gains on weak USD as traders eye US CPI data

Gold is gaining on a weak US dollar as traders look toward upcoming US CPI data for direction, while reports indicate China is selling US Treasury holdings and buying gold, and bitcoin's 90-day correlation with gold reached 0.59, the highest since 2020.

Detected & updated continuously · Source: Nebula

Story subjects

GoldUS dollarUS CPI data

Track sentiment and mindshare across stocks and crypto in Nebula.

Open Nebula