{"id":115545,"date":"2024-03-15T09:28:36","date_gmt":"2024-03-15T09:28:36","guid":{"rendered":"https:\/\/kinesis.money\/?p=115545"},"modified":"2024-03-15T09:28:37","modified_gmt":"2024-03-15T09:28:37","slug":"gold-falls-back-us-inflation","status":"publish","type":"post","link":"https:\/\/kinesis.money\/pt-br\/market-analysis\/gold-news\/gold-falls-back-us-inflation\/","title":{"rendered":"Gold Price News: Gold Falls Back on Persistent US Inflation"},"content":{"rendered":"\n

Gold prices fell back on Thursday after US data showed a stronger-than-expected economy in February, and with higher inflation, slashing the odds of an interest rate cut in the near-term.<\/p>\n\n\n\n

Prices fell as low as $2,154 an ounce by mid-afternoon, compared with around $2,175 an ounce in late trades on Wednesday.<\/p>\n\n\n

\n
\"\"
KAU price $\/g – from Kinesis Exchange<\/figcaption><\/figure>\n<\/div>\n\n\n

US producer prices for February released Thursday came in above market expectations, and marked the largest increase since August 2023. The figures suggested inflation may be more \u2018sticky\u2019 than previously thought, indicating that interest rates may have to stay at current levels for longer as the US Fed works to tame rising prices. <\/p>\n\n\n\n

A higher inflation scenario boosts the argument for a more hawkish stance by the central bank, which is a negative for non-yielding assets like gold.<\/p>\n\n\n\n

Adding to the bearish picture, US initial and continuing jobless claims figures were released Thursday showing a lower-than-expected number of people claiming unemployment benefits in the week ending March 8. These figures indicate a stronger economy, and hence less need for a more accommodative monetary policy by the Fed.<\/p>\n\n\n\n

The latest economic figures helped to push the US dollar higher against other major currencies on Thursday, as well as driving yields on the US 10-year Treasury note higher for a fourth day, both of which heaped more downward pressure on dollar-denominated gold prices.<\/p>\n\n\n\n

Thursday\u2019s slight pullback for gold comes in the context of massive gains seen in the first half of March, which saw the yellow metal hit all-time highs of $2,195 an ounce.<\/p>\n\n\n\n

Looking ahead, Friday will see the release of US industrial production figures for February as well as the Michigan consumer sentiment preliminary numbers for March, providing a further update on economic conditions.<\/p>\n\n\n\t\t\t

\n\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t

Frank\u2019s experience covering the commodities markets spans 22 years, with a particular specialism in metals, carbon and energy markets.\u00a0<\/em>He has worked as a senior editor for S&P Global Commodity Insights<\/a>\u00a0(formerly Platts) and before this, at ICIS-LOR, a part of Reed Business Information (Reed Elsevier), where he covered the petrochemicals markets from 2003 to 2005.<\/em><\/p>\n

This publication is for informational purposes only and is not intended to be a solicitation, offering or recommendation of any security, commodity, derivative, investment management service or advisory service and is not commodity trading advice. This publication does not intend to provide investment, tax or legal advice on either a general or specific basis.<\/i>
\n<\/i><\/p>\n

Read our Editorial Guidelines\u00a0<\/i>here.<\/a><\/i><\/p>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t","protected":false},"excerpt":{"rendered":"

Gold prices fell back on Thursday after US data showed a stronger-than-expected economy in February, and with higher inflation, slashing the odds of an interest rate cut in the near-term.<\/p>\n","protected":false},"author":50,"featured_media":115587,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[215,91],"tags":[],"class_list":["post-115545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gold-news","category-market-analysis"],"acf":[],"yoast_head":"\nGold Price News: Gold Falls Back on Persistent US Inflation - Kinesis<\/title>\n<meta name=\"description\" content=\"Discover Kinesis' gold news analysis for today, Friday 15th of March 2024, from leading precious metals analyst Frank Watson.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"pt_BR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold Price News: Gold Falls Back on Persistent US Inflation\" \/>\n<meta property=\"og:description\" content=\"Discover Kinesis' gold news analysis for today, Friday 15th of March 2024, from leading precious metals analyst Frank Watson.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-falls-back-us-inflation\/\" \/>\n<meta property=\"og:site_name\" content=\"Kinesis\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-15T09:28:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-15T09:28:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/03\/gold-news-feature-image-Gold-Falls-Back-on-Persistent-US-Inflation.png\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"529\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Frank Watson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Gold Price News: Gold Falls Back on Persistent US Inflation\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"Frank Watson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. tempo de leitura\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-news\\\/gold-falls-back-us-inflation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-news\\\/gold-falls-back-us-inflation\\\/\"},\"author\":{\"name\":\"Frank Watson\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/#\\\/schema\\\/person\\\/11c4884f9d074d6831f53e287228bf52\"},\"headline\":\"Gold Price News: Gold Falls Back on Persistent US Inflation\",\"datePublished\":\"2024-03-15T09:28:36+00:00\",\"dateModified\":\"2024-03-15T09:28:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-news\\\/gold-falls-back-us-inflation\\\/\"},\"wordCount\":298,\"image\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-news\\\/gold-falls-back-us-inflation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/kinesis.money\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/gold-news-feature-image-Gold-Falls-Back-on-Persistent-US-Inflation.png\",\"articleSection\":[\"Gold News\",\"Market Analysis\"],\"inLanguage\":\"pt-BR\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-news\\\/gold-falls-back-us-inflation\\\/\",\"url\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-news\\\/gold-falls-back-us-inflation\\\/\",\"name\":\"Gold Price News: Gold Falls Back on Persistent US Inflation - Kinesis\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-news\\\/gold-falls-back-us-inflation\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-news\\\/gold-falls-back-us-inflation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/kinesis.money\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/gold-news-feature-image-Gold-Falls-Back-on-Persistent-US-Inflation.png\",\"datePublished\":\"2024-03-15T09:28:36+00:00\",\"dateModified\":\"2024-03-15T09:28:37+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/#\\\/schema\\\/person\\\/11c4884f9d074d6831f53e287228bf52\"},\"description\":\"Discover Kinesis' gold news analysis for today, Friday 15th of March 2024, from leading precious metals analyst Frank Watson.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-news\\\/gold-falls-back-us-inflation\\\/#breadcrumb\"},\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-news\\\/gold-falls-back-us-inflation\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-news\\\/gold-falls-back-us-inflation\\\/#primaryimage\",\"url\":\"https:\\\/\\\/kinesis.money\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/gold-news-feature-image-Gold-Falls-Back-on-Persistent-US-Inflation.png\",\"contentUrl\":\"https:\\\/\\\/kinesis.money\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/gold-news-feature-image-Gold-Falls-Back-on-Persistent-US-Inflation.png\",\"width\":960,\"height\":529},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-news\\\/gold-falls-back-us-inflation\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/kinesis.money\\\/pt-br\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gold Price News: Gold Falls Back on Persistent US Inflation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/#website\",\"url\":\"https:\\\/\\\/kinesis.money\\\/\",\"name\":\"Kinesis\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/kinesis.money\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-BR\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/#\\\/schema\\\/person\\\/11c4884f9d074d6831f53e287228bf52\",\"name\":\"Frank Watson\",\"description\":\"Frank\u2019s experience covering the commodities markets spans 22 years, with a particular specialism in metals, carbon and energy markets. He has worked as a senior editor for S&P Global Commodity Insights (formerly Platts) and before this, at ICIS-LOR, a part of Reed Business Information (Reed Elsevier), where he covered the petrochemicals markets from 2003 to 2005.\u00a0 Earlier in his career, Frank covered precious metals, base metals and energy markets, writing for AFX News (Agence France-Presse), the English-speaking financial arm of the French state-owned news agency, AFP. He produced daily precious and base metals market reports for AFX News, focused on key market movements and the factors shaping price evolution. He holds a BA in Graphic Design with Photography from the University of Wolverhampton and an MSC in Information Systems from the University of Sheffield.\u00a0\",\"jobTitle\":\"Precious Metals Market Analyst\",\"url\":\"https:\\\/\\\/kinesis.money\\\/pt-br\\\/author\\\/frankwatson\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Gold Price News: Gold Falls Back on Persistent US Inflation - Kinesis","description":"Discover Kinesis' gold news analysis for today, Friday 15th of March 2024, from leading precious metals analyst Frank Watson.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"pt_BR","og_type":"article","og_title":"Gold Price News: Gold Falls Back on Persistent US Inflation","og_description":"Discover Kinesis' gold news analysis for today, Friday 15th of March 2024, from leading precious metals analyst Frank Watson.","og_url":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-falls-back-us-inflation\/","og_site_name":"Kinesis","article_published_time":"2024-03-15T09:28:36+00:00","article_modified_time":"2024-03-15T09:28:37+00:00","og_image":[{"width":960,"height":529,"url":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/03\/gold-news-feature-image-Gold-Falls-Back-on-Persistent-US-Inflation.png","type":"image\/png"}],"author":"Frank Watson","twitter_card":"summary_large_image","twitter_title":"Gold Price News: Gold Falls Back on Persistent US Inflation","twitter_misc":{"Escrito por":"Frank Watson","Est. tempo de leitura":"3 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-falls-back-us-inflation\/#article","isPartOf":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-falls-back-us-inflation\/"},"author":{"name":"Frank Watson","@id":"https:\/\/kinesis.money\/#\/schema\/person\/11c4884f9d074d6831f53e287228bf52"},"headline":"Gold Price News: Gold Falls Back on Persistent US Inflation","datePublished":"2024-03-15T09:28:36+00:00","dateModified":"2024-03-15T09:28:37+00:00","mainEntityOfPage":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-falls-back-us-inflation\/"},"wordCount":298,"image":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-falls-back-us-inflation\/#primaryimage"},"thumbnailUrl":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/03\/gold-news-feature-image-Gold-Falls-Back-on-Persistent-US-Inflation.png","articleSection":["Gold News","Market Analysis"],"inLanguage":"pt-BR","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/kinesis.money\/#organization"}},{"@type":"WebPage","@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-falls-back-us-inflation\/","url":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-falls-back-us-inflation\/","name":"Gold Price News: Gold Falls Back on Persistent US Inflation - Kinesis","isPartOf":{"@id":"https:\/\/kinesis.money\/#website"},"primaryImageOfPage":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-falls-back-us-inflation\/#primaryimage"},"image":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-falls-back-us-inflation\/#primaryimage"},"thumbnailUrl":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/03\/gold-news-feature-image-Gold-Falls-Back-on-Persistent-US-Inflation.png","datePublished":"2024-03-15T09:28:36+00:00","dateModified":"2024-03-15T09:28:37+00:00","author":{"@id":"https:\/\/kinesis.money\/#\/schema\/person\/11c4884f9d074d6831f53e287228bf52"},"description":"Discover Kinesis' gold news analysis for today, Friday 15th of March 2024, from leading precious metals analyst Frank Watson.","breadcrumb":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-falls-back-us-inflation\/#breadcrumb"},"inLanguage":"pt-BR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-falls-back-us-inflation\/"]}]},{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-falls-back-us-inflation\/#primaryimage","url":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/03\/gold-news-feature-image-Gold-Falls-Back-on-Persistent-US-Inflation.png","contentUrl":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/03\/gold-news-feature-image-Gold-Falls-Back-on-Persistent-US-Inflation.png","width":960,"height":529},{"@type":"BreadcrumbList","@id":"https:\/\/kinesis.money\/market-analysis\/gold-news\/gold-falls-back-us-inflation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/kinesis.money\/pt-br\/"},{"@type":"ListItem","position":2,"name":"Gold Price News: Gold Falls Back on Persistent US Inflation"}]},{"@type":"WebSite","@id":"https:\/\/kinesis.money\/#website","url":"https:\/\/kinesis.money\/","name":"Kinesis","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/kinesis.money\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-BR"},{"@type":"Person","@id":"https:\/\/kinesis.money\/#\/schema\/person\/11c4884f9d074d6831f53e287228bf52","name":"Frank Watson","description":"Frank\u2019s experience covering the commodities markets spans 22 years, with a particular specialism in metals, carbon and energy markets. He has worked as a senior editor for S&P Global Commodity Insights (formerly Platts) and before this, at ICIS-LOR, a part of Reed Business Information (Reed Elsevier), where he covered the petrochemicals markets from 2003 to 2005.\u00a0 Earlier in his career, Frank covered precious metals, base metals and energy markets, writing for AFX News (Agence France-Presse), the English-speaking financial arm of the French state-owned news agency, AFP. He produced daily precious and base metals market reports for AFX News, focused on key market movements and the factors shaping price evolution. He holds a BA in Graphic Design with Photography from the University of Wolverhampton and an MSC in Information Systems from the University of Sheffield.\u00a0","jobTitle":"Precious Metals Market Analyst","url":"https:\/\/kinesis.money\/pt-br\/author\/frankwatson\/"}]}},"post_thumbnails":{"large":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/03\/gold-news-feature-image-Gold-Falls-Back-on-Persistent-US-Inflation.png","small":""},"_links":{"self":[{"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/posts\/115545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/comments?post=115545"}],"version-history":[{"count":0,"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/posts\/115545\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/media\/115587"}],"wp:attachment":[{"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/media?parent=115545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/categories?post=115545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/tags?post=115545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}