Tag: forecasting

Gold prices push slightly higher following 0.3% drop in U.S. PPI

The gold market continues to hold its ground with prices holding above $1,500 an ounce as pipeline inflation pressures fell sharply last month Tuesday, the U.S. Labor Department said its Producer Price Index (PPI) fell 0.3% in September, following August’s 0.3% rise; the data was weaker than expected with economists’