Gold edges higher on soft US inflation, Gulf conflict clouds rate outlook
Published on: July 15, 2026, 7:28 a.m. | Source: The Economic Times
Gold prices saw a slight increase on Wednesday as inflation data eased rate hike worries. Renewed Middle East conflict and rising oil prices, however, limited gains for the precious metal. Traders now anticipate a lower probability of a U.S. interest rate increase this year. Investors await China's economic data, which could impact gold demand from the nation.
